A clearance certificate verifies that an entity has paid all its tax liabilities when it ceased to exist or was transferred to a new owner.  ( 19 min )

Debt/EBITDA is a ratio measuring the amount of earnings that is available to pay down debt before deducting interest, taxes, depreciation, and amortization.  ( 21 min )

More U.S. workers than ever have college degrees—but the tide could be turning against higher education in the workplace.  ( 18 min )

The S&P 500 and Nasdaq both dropped at midday on Tuesday, Sept. 12, 2023, as oil prices rose to their highest level this year.  ( 16 min )

The Surface Transportation Board (STB) is a federal agency that regulates financial aspects of surface transportation, primarily freight rail.  ( 23 min )

The White House now has 15 companies committed to its AI standards, which include disclosure of AI-generated content, sharing vulnerabilities, and committing to external testing before releasing products.  ( 18 min )

Oracle was the worst-performing stock in the S&P 500 after the software maker reported lower-than-expected revenue and guidance as businesses pulled back on cloud spending following the pandemic boom.  ( 17 min )

GlobalFoundries opened a $4 billion fabrication plant in Singapore to expand capacity in anticipation of a rise in demand for semiconductor chips.  ( 17 min )

If you spent more at the gas pump—and less everywhere else—in August, you’re not alone.  ( 17 min )

The basic assumption of the law of demand concludes that there is a negative correlation between the quantity demanded and price.  ( 19 min )

Reliance on income taxes versus consumption taxes is one big difference between U.S. revenue sources and those of other countries. Learn the options.  ( 22 min )

Magna cum laude is an honorific for a degree earned with great distinction. It means “with great praise” in Latin, and there’s no set grade point average (GPA) to get it.  ( 25 min )

Concerns about China's economic growth led to a massive shift into U.S. equities and away from emerging market stocks over the past month, according to Bank of America's latest survey of global fund managers.  ( 17 min )

The U.S.’s national debt is the running total of what the federal government owes creditors. The U.S. has always carried national debt and the total has been expanding rapidly since 2008.  ( 25 min )

Here are some of the biggest product liability suits that U.S. corporations have faced due to defective or dangerous products that they sold to consumers.  ( 22 min )

Understand the two different methods of calculating the expense ratio and find out how it can be used to compare insurance companies and analyze performance.  ( 20 min )

Floating stock is the result of subtracting closely-held shares from total shares outstanding to provide a narrower view of a company’s active shares.  ( 25 min )

WestRock stock jumped by almost 7% in pre-market trading on Tuesday after a merger announcement with Dublin-based Smurfit Kappa to create the world's largest listed packaging company by revenue.  ( 18 min )

Credit unions and banks offer similar services, but they have some key differences in their profit models and offerings. Learn how to determine which is best for you.  ( 26 min )

Accelerated benefit riders allow policyholders to access death benefits in their life insurance policy while they are alive, under certain conditions.  ( 24 min )

Almost half of security chiefs plan to significantly raise security spending in the next year after companies lost $1 trillion in revenue due to related incidents in 2022.  ( 18 min )

A dove is an economic policy advisor who favors strategies that maintain low interest rates and other expansionary policies.  ( 24 min )

Apple is set to unveil its new iPhone 15 and Oracle shares plunge after it missed forward guidance expectations on revenue shortfalls in services and hardware. Here’s what investors need to know today.  ( 18 min )

Learn about Vanguard Group's unique ownership and how its structure benefits investors with low expense ratios.  ( 24 min )

Learn how unpaid internships affect student interns, employers, the labor force, and the economy as a whole.  ( 26 min )

The Americans with Disabilities Act prohibits discrimination against disabled people with respect to employment, transportation, and other services.  ( 23 min )

Bank of America offers many personal financial products, including savings accounts. See if Bank of America’s rates are attractive enough for your deposit.  ( 23 min )

Barclays offers a competitive APY on its single savings account, which is light on restrictions and fees. Learn more about Barclays Online Savings Account to see if it’s right for you.  ( 21 min )

Chase Bank offers two savings accounts to its customers with below-average interest rates, but the bank has other financial services worth considering.  ( 21 min )

Citi offers CDs, checking accounts, bank IRAs, and savings accounts. Learn more about its savings account rates, features, and account requirements.  ( 26 min )

The People's Bank of China is the central bank of the People's Republic of China and is located in Beijing.  ( 21 min )

Here are some of the world’s top news companies, arranged in the decreasing order of the available market capitalization figures.  ( 24 min )

The global interconnection of U.S. payment systems makes commercial and financial transfers possible.  ( 26 min )

Relative purchasing power parity (RPPP) is the view that inflation differences between two countries will have an equal impact on their exchange rate.  ( 22 min )

Over-under bets, or total bets, are a wager that the point total for a game will be larger or smaller than a sportsbook predicts. Learn more about this type of gambling.  ( 25 min )

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Higher interest rates are intended to curb inflation and stabilize the economy. But this monetary tightening has come with unintended consequences, particularly for the backbone of the U.S. economy: small businesses. According to "Shark Tank" star Kevin O'Leary, small businesses are having a hard time getting financing. "The regional [banks] don't know yet what their capital requirements are going to be. So, their loan books have closed like a turtle in a shell," O'Leary told Fox Business's Larr  ( 34 min )

Oil's recent three month rally has lifted expectations that inflation could reaccelerate in the near term.  ( 33 min )

Wells Fargo could see its headcount decline further as it aims to improve efficiency, Chief Financial Officer Mike Santomassimo said on Tuesday. It has already reduced its employee base by nearly 40,000 and cuts are likely to continue, Santomassimo said. The bank has trimmed its mortgage business, which has also seen some layoffs.  ( 32 min )

It’s been a good year so far for Cathie Wood. Representing a meaningful turnaround after what can be described as a two-year post-pandemic comedown, her flagship ARKK Innovation fund (ARKK) is up by 46% year-to-date, putting the main indexes’ performances in the shade. That said, given Wood’s penchant for the risky and outré, not all the stocks that make up the various funds under the Ark Invest banner are doing well right now. Some have underperformed recently and look a bit rough around the ed  ( 35 min )

CVS upgraded, RTX downgraded: Wall Street's top analyst calls  ( 34 min )

WestRock stock jumped by almost 7% in pre-market trading on Tuesday after a merger announcement with Dublin-based Smurfit Kappa to create the world's largest listed packaging company by revenue.  ( 19 min )

The stock has already lost more than 8% in September, retreating from an all-time high, and is poised to notch its longest down stretch in 2023.  ( 23 min )

The U.S. government on Wednesday morning will release its latest official inflation data.  ( 32 min )

The wage increase bid/ask spread between the union and auto makers seems to be narrowing. That's good news for investors.  ( 22 min )

An audacious call from Brazil President Luiz Inacio Lula da Silva for the BRICS nations to establish a shared currency has been met with skepticism. Addressing a packed audience during the 2023 BRICS Summit in Johannesburg, South Africa, Silva argued that a common currency would insulate these nations — Brazil, Russia, India, China and South Africa — from the tumultuous waves of dollar exchange rate shifts. But the idealistic vision is riddled with logistical conundrums, stemming from the profou  ( 32 min )

Three analysts cut their rating on the shares to Hold from Buy in the aftermath of its disclosure about issues with the company's geared turbofan aircraft engines.  ( 22 min )

The company's shares were tanking after its results disappointed. But analysts at Global Equities Research see an opportunity.  ( 22 min )

Magellan Midstream Partners has pressed its case for the $19 billion deal, citing strategic benefit and downplaying tax issues ahead of next week's vote.  ( 23 min )

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(Bloomberg) -- Global oil markets face a supply shortfall of more than 3 million barrels a day next quarter — potentially the biggest deficit in more than a decade — as Saudi Arabia extends its production cuts.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayTesla and China Risk Leaving Volkswagen on a Road to NowhereTech Giants Power Stock Gains as Tesla Jumps 10%: Markets Wr  ( 33 min )

Stock market technology for the average investor has come a long way since the days when brokers handled everything and doing research was restricted to scrolling through long columns of tiny font in one of the larger financial newspapers. Today there are internet screeners that can provide investors with crucial information to help guide purchase or sale decisions in a matter of minutes. Investors who are seeking steady and reliable income often find it difficult to pinpoint stocks that pay a h  ( 34 min )

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Wealthy families loaded up on bonds and private equity investments in the first half of the year while slashing their stock exposure, according to a survey by Citigroup's private bank. More than half of the 268 family offices polled, accounting for a combined net worth of $565 billion, increased their allocations in fixed income, while 38% boosted their private equity holdings. The shifts were the largest since Citigroup began the study in 2020.  ( 31 min )

Shares of MTU Aero fell 4.5%, a day after it said it was expecting a hit of around €1 billion this year as Pratt & Whitney parent RTX said it would recall hundreds of jet engines.  ( 26 min )

The IRS recently announced a major tax enforcement initiative that will increase scrutiny on high-income earners, partnerships and people with foreign bank accounts. The agency said the effort would “restore fairness to [the] tax system” by focusing on wealthy taxpayers who have seen sharp declines in audit rates over the past decade. A financial advisor […] The post The IRS Is Cracking Down on These High-Income Earners. Are You One of Them? appeared first on SmartReads by SmartAsset.  ( 33 min )

Three analysts cut their rating on the shares to Hold from Buy in the aftermath of its disclosure about issues with the company's geared turbofan aircraft engines.  ( 22 min )

Stocks opened lower on Tuesday as investors waited for Apple's fall event to kick off and counted down to a key inflation data report.  ( 33 min )

Stocks opened lower on Tuesday as investors waited for Apple's fall event to kick off and counted down to a key inflation data report.  ( 33 min )

US futures dipped on Tuesday, as investors waited for Apple's highly anticipated fall event to kick off and counted down to key inflation data.  ( 32 min )

Managers who give with one hand and take with the other risk sending their workers off on their own.  ( 33 min )

(Bloomberg) -- A seemingly insatiable demand for cash is rippling through markets.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayTesla and China Risk Leaving Volkswagen on a Road to NowhereTech Giants Power Stock Gains as Tesla Jumps 10%: Markets WrapMeloni Tells China That Italy Plans to Exit Belt and RoadEveryone — from moms and pops to corporate treasurers and the mega as  ( 36 min )

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The company was on track to lose about $30 billion in market value, based on its premarket share price of $115. The stock has risen 55% this year on optimism the rise of generative AI would drive up cloud demand. Lower-than-expected revenue for the first quarter and a below-estimate forecast for the second, however, signaled the boost from AI would take longer to materialize.  ( 32 min )

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Oracle's revenue outlook disappoints, Apple kicks off its annual fall launch event, Tesla falls a day after surging 10%, and WestRock signs an agreement to merge with Dublin-based Smurfit Kappa.  ( 23 min )

The UAW is pressing for more work-life balance during contract talks; the automakers want better attendance.  ( 27 min )

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Shares of Oracle (ORCL) slid in premarket trading after the software giant reported quarterly sales that underwhelmed investors. Revenue rose 9% to $12.45 billion, in line with analyst estimates. Cloud revenue continued to drive the growth, rising  ( 21 min )

Investors hoping for a big move in Apple’s stock as the latest iPhone is launched may be left disappointed, if history is anything to go by. Or, at the very least, they may have to wait for the post-launch gains. The shares have fallen 0.2%, on average, on the day of an iPhone announcement, accordi  ( 11 min )

(Bloomberg) -- Oil edged up, trading near the highest level this year before reports that may offer further insight into the demand and supply outlook.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayTesla and China Risk Leaving Volkswagen on a Road to NowhereTech Giants Power Stock Gains as Tesla Jumps 10%: Markets WrapMeloni Tells China That Italy Plans to Exit Belt and Road  ( 32 min )

(Bloomberg) -- Smurfit Kappa Group Plc agreed to acquire WestRock Co. in an $11.2 billion deal that creates a packaging industry powerhouse domiciled in Ireland.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayTesla and China Risk Leaving Volkswagen on a Road to NowhereTech Giants Power Stock Gains as Tesla Jumps 10%: Markets WrapArm’s IPO Orders Are Already Oversubscribed by  ( 33 min )

The company's shares were tanking after its results disappointed. But analysts at Global Equities Research see an opportunity.  ( 22 min )

Smurfit Kappa and WestRock said they reached a tie-up agreement. Tony Smurfit will be CEO of the combined company.  ( 26 min )

Smurfit Kappa and WestRock have agreed to combine, the companies said on Tuesday, to create one of the world's largest paper and packaging producers worth nearly $20 billion. The companies' combined adjusted revenue was about $34 billion for the year ended June 30, which would make the new company, called Smurfit WestRock, the largest listed global packaging partner by revenue, the statement said. WestRock stockholders will get one new Smurfit WestRock share and $5 in cash for each share they hold, which works out to $43.51 per share, the statement said.  ( 32 min )

Here is your Pro Recap of the biggest analyst picks you may have missed since Friday: upgrades at CVS Health, Brown Forman, Geron, and a buy initiation for Block. Wolfe Research upped CVS Health (NYSE: NYSE:CVS) to Outperform from Peerperform with a price target of $80.00, prompting the shares to shoot higher after word of the upgrade hit the wires intraday Monday.  ( 33 min )

(Bloomberg) -- Arm Holdings Ltd.’s initial public offering is already oversubscribed by 10 times and bankers plan to stop taking orders by Tuesday afternoon, according to people familiar with the matter.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayTesla and China Risk Leaving Volkswagen on a Road to NowhereTech Giants Power Stock Gains as Tesla Jumps 10%: Markets WrapMorga  ( 31 min )

(Bloomberg) -- Australia’s richest woman has amassed a stake in lithium producer Albemarle Corp.’s A$6.6 billion ($4.3 billion) takeover target Liontown Resources Ltd., and suggested she may push for a board seat.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayTesla and China Risk Leaving Volkswagen on a Road to NowhereTech Giants Power Stock Gains as Tesla Jumps 10%: Markets  ( 32 min )

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The family holding company agreed to partial debt paydowns and higher interest rates.  ( 26 min )

Bitcoin fell on Tuesday morning in Asia to hover above US$25,000 after briefly losing the key support level. Ether also slid to lose control of US$1,600.  ( 32 min )

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WestRock stock jumped by almost 7% in pre-market trading on Tuesday after a merger announcement with Dublin-based Smurfit Kappa to create the world's largest listed packaging company by revenue.  ( 1 min )

Moderna and German biotech firm Immatics announced an agreement to work on development of vaccines and treatments for cancer using the science behind Moderna’s COVID-19 shots.  ( 1 min )

Pratt & Whitney parent RTX said it will take a $3 billion charge as it inspects Pratt & Whitney engines.  ( 1 min )

Low-cost carrier JetBlue Airlines on Monday offered to sell off Spirt Airlines' assets at Newark Liberty and Boston Logan airports, as the airline seeks to win regulators' approval for a merger with Spirit.  ( 1 min )

Disney restored ESPN, ABC, and other content to Charter Communication’s Spectrum cable after a 10-day blackout following a deal that saw Spectrum customers get access to Disney streaming services.  ( 1 min )

Een beveiligingsexpert heeft dit jaar een kwetsbaarheid gevonden in de software die in Nederland wordt gebruikt om stemmen te tellen. Daardoor was het in principe mogelijk om uitslagen te manipuleren, al is er geen bewijs dat dat is gebeurd.  ( 4 min )

Italië dreigt zijn positie als 's werelds grootste wijnproducent te verliezen. Dat komt door de dalende wijnproductie. Waarschijnlijk verovert Frankrijk voor het eerst in negen jaar de eerste plek.  ( 3 min )

Al zestien maanden op rij gaan er meer bedrijven op de fles dan een jaar eerder. In augustus was er zelfs een stijging van 80 procent vergeleken met vorig jaar. Is dit de start van een faillissementsgolf of valt het wel mee?  ( 3 min )

Leraren op basisscholen, middelbare scholen en in het speciaal onderwijs kunnen een loonsverhoging van 10 procent tegemoetzien. Vakbonden en werkgevers hebben dat na intensieve onderhandelingen met elkaar afgesproken, meldt de Algemene Onderwijsbond (AOb).  ( 3 min )

De Europese Commissie waarschuwt dat er meer geld nodig is om natuurrampen te bestrijden. De Europese pot voor noodhulp is al twee jaar op rij leeg geraakt, terwijl zulke rampen steeds vaker voorkomen.  ( 3 min )

Passagiers van Japan Airlines kunnen sinds kort een kledingpakket huren dat in Japan voor ze klaarligt, schrijft CNN. Zo hoeven vakantiegangers minder kilo's aan bagage mee te nemen, waardoor het vliegtuig minder brandstof verbruikt.  ( 3 min )

De winning van materialen voor oplaadbare batterijen, vooral gebruikt in elektrische auto's, gaat gepaard met "ernstige mensenrechtenschendingen" in de Democratische Republiek Congo. Volgens Amnesty International gaat het om onder meer seksueel geweld, brandstichting en mishandeling.  ( 3 min )

LG krijgt een boete van 8 miljoen euro van toezichthouder ACM. Het elektronicabedrijf maakte verboden prijsafspraken rond televisies en dreef de prijzen zo op.  ( 4 min )

Goksites doen nog te weinig om gokverslavingen tegen te gaan. De Kansspelautoriteit onderzocht tien aanbieders van online kansspelen in Nederland. Daaruit kwam naar voren dat ze te laat ingrijpen als gokkers buitensporig veel spelen via hun site.  ( 4 min )

De horeca verspilt 9,2 procent minder voedsel dan in 2019, het jaar voor de coronapandemie. Wij zijn benieuwd wat jij doet om voedselverspilling tegen te gaan. Deel je tips hier.  ( 2 min )

Het vliegverkeer in Europa is bijna weer op het niveau van voor de coronapandemie. In juli vlogen er nog 3 procent minder vliegtuigen dan in juli 2019, nog voor de corona-uitbraak.  ( 4 min )

De KNVB heeft afspraken gemaakt met de Russische cybercriminelen die in april hebben ingebroken in de systemen van de voetbalbond. Daarmee hoopt de organisatie te voorkomen dat eventuele buitgemaakte gegevens op straat komen te liggen.  ( 4 min )

LG krijgt een boete van 8 miljoen euro van toezichthouder ACM. Het elektronicabedrijf maakte verboden prijsafspraken rond televisies en dreef de prijzen zo op.  ( 4 min )

Goksites doen nog te weinig om gokverslavingen tegen te gaan. De Kansspelautoriteit onderzocht tien aanbieders van online kansspelen in Nederland. Daaruit kwam naar voren dat ze te laat ingrijpen als gokkers buitensporig veel spelen via hun site.  ( 4 min )

Door personeelstekorten wordt het onveilig op de werkvloer van het midden- en kleinbedrijf, waarschuwt de Nederlandse Vereniging voor Veiligheidskunde (NVVK). "Personeel staat steeds vaker voor de keuze om onveilig te werken, of om niet te werken."  ( 5 min )

Ook in de maand augustus zijn meer bedrijven failliet gegaan dan in dezelfde maand een jaar eerder. Vooral bij transportbedrijven is een toename te zien. De faillissementen in die sector volgen op een kwartaal met een dalende omzet.  ( 3 min )

De Consumentenbond begint een rechtszaak tegen Google. Volgens de organisatie is de manier waarop het techbedrijf gegevens van gebruikers verzamelt in strijd met de privacyregels.  ( 3 min )

Het budget van het Internationale Rode Kruiscomité (ICRC) gaat volgend jaar met ongeveer 13 procent omlaag, zegt directeur Robert Mardini. Dat komt doordat grote donoren zoals de Verenigde Staten de financiering hebben verlaagd.  ( 4 min )

De Consumentenbond begint een rechtszaak tegen Google. Volgens de organisatie is de manier waarop het techbedrijf gegevens van mensen verzamelt in strijd met de privacyregels.  ( 3 min )

Apple is set to unveil its new iPhone 15 and Oracle shares plunge after it missed forward guidance expectations on revenue shortfalls in services and hardware. Here’s what investors need to know today.  ( 1 min )

U.S. equities gained on Monday, Sept. 11, 2023, with the S&P 500 Index rising 0.7%, amid expectations Fed policymakers might not raise interest rates at their meeting next week.  ( 1 min )

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The union has proposed a mid-30% wage increase, down from an initial demand of at least 40%.  ( 27 min )

Everyone likes a winner, and it’s only natural to gravitate toward them, but the stock market offers a unique twist on that process. That is because the biggest opportunities are often found among the losers, or more precisely, the stocks that have been beaten-down for one reason or another. The interesting part is that in the stock market, these losers can quickly become winners, and those who were bold enough to pick up equities at depressed levels when they looked down and out will, in the en  ( 34 min )

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Today's best CD rate is 6.00% from American 1 Credit Union, with available jumbo rates of 5.85% from One America Bank and 5.80% from both Finworth and All In Credit Union.  ( 20 min )

Crypto markets dropped sharply on Monday, with bitcoin’s price dipping below $25,000.  ( 31 min )

Pratt & Whitney parent RTX said it will take a $3 billion charge as it inspects Pratt & Whitney engines.  ( 17 min )

The CEO of the nation's largest bank called a US proposal requiring banks to bolster their capital buffers 'hugely disappointing.'  ( 34 min )

J.M. Smucker CEO told Yahoo Finance why the two snack giants will make the perfect combo.  ( 34 min )

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(Bloomberg) -- Oracle Corp. reported cloud sales growth that slowed in the quarter, dimming enthusiasm about the software maker’s expansion efforts in competitive market. The shares declined about 5% in extended trading.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayTesla and China Risk Leaving Volkswagen on a Road to NowhereTech Giants Power Stock Gains as Tesla Jumps 10%:  ( 32 min )

Oracle narrowly missed market expectations for first-quarter revenue on Monday, as companies pared back spending on cloud services due to an uncertain economic outlook. Revenue for the quarter stood at $12.45 billion, slightly below analysts' estimates of $12.47 billion, according to LSEG data.  ( 31 min )

GM presented a counteroffer to the UAW Thursday that offers a 10% wage increase across the life of the contract and other gains. The UAW rejects it.  ( 34 min )

Wall Street stocks jumped early Monday, as upbeat Chinese data and comments from Janet Yellen fueled hopes for the world's two biggest economies.  ( 32 min )

No, employer match does not count towards 401(k) limit, however, the IRS does limit total contribution from both the employer and the employee combined.  ( 24 min )

The Federal Reserve is done raising interest rates and will likely cut them by roughly one percentage point next year, according to chief economists at some of North America’s largest banks.  ( 32 min )

When I retired in September 2022, my 401(k) was invested aggressively (90/10 split between stocks to bonds) and lost approximately 30%. I left the 401(k) invested in mutual funds in hopes it would gain back some of the losses. A year later it has gained back approximately 20%. I'm not required to take RMDs for […] The post Ask an Advisor: I’m 5 Years Away From RMDs But Recently Lost 30% of My 401(k). Should I Stay Aggressive to Regain My Losses or Rebalance? appeared first on SmartReads by Smart  ( 33 min )

Tesla shares have surged after a Wall Street bank predicted that the electric car company’s value would rise above $1.2 trillion (£958bn) because of investments in an artificial intelligence supercomputer.  ( 32 min )

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Eli Lilly’s success with weight-loss drugs has led to a big market cap. The pharma giant’s stock rose 1.6% on Monday afternoon, putting Lilly on track for a new all-time high dating back to 1972. Lilly, which [reported just under a billion dollars in second-quarter revenue](https://www.wsj.com/liv  ( 22 min )

Charlotte-based Truist's plan includes reducing about $750 million in costs over the next few quarters.  ( 21 min )

Deutsche Bank Research analyst Steve Powers upgraded Kenvue to Buy from Hold over the weekend.  ( 23 min )

(Bloomberg) -- Citizens Financial Group Inc. Chief Financial Officer John Woods vowed the company won’t do deals that require it to book losses as it looks to reduce a $13.7 billion portfolio of unwanted loans.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayMeloni Tells China That Italy Plans to Exit Belt and RoadIndia’s G-20 Win Shows US Learning How to Counter China RiseTes  ( 32 min )

The benchmark U.S. 10-year Treasury note yield has peaked in the current cycle, according to a majority of bond strategists polled by Reuters, although most said their conviction around that prediction was weak. Despite yields rising over the past few months, analysts in a Reuters Sept. 5-11 poll held on to their predictions that sovereign yields will drop over the coming year, suggesting the recent sell-off in the bond market was mostly over. Roughly the same group of strategists said the same thing last month, about two weeks before the benchmark U.S. yield hit a near-16 year high of 4.37%.  ( 32 min )

September has generally been described as a difficult month for the stock market. This trend dates back almost 100 years and is sometimes attributed to investors making changes to their portfolios by taking profits as summer ends. This year, the post-Labor Day holiday week began in dour fashion for several real estate investment trusts (REITs) as a slew of analyst downgrades hit the wires shortly before the opening bell on Sept. 5. Take a look at five downgrades that negatively impacted the REIT  ( 34 min )

(Bloomberg) -- The wind is about to shift for the US stock market, if history is any guide, says Bank of America Corp.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayMeloni Tells China That Italy Plans to Exit Belt and RoadIndia’s G-20 Win Shows US Learning How to Counter China RiseTesla and China Risk Leaving Volkswagen on a Road to NowhereWith equities in the “recovery” pha  ( 32 min )

In the early 2000s, Berkshire Hathaway Inc. Vice Chairman Charlie Munger made a daring yet calculated financial move. He entrusted a significant portion of his family’s fortune — $88 million — to Li Lu, often referred to as the Chinese Warren Buffett. This bold investment, though carrying its share of risk, not only remained secure but also experienced substantial growth. It is now estimated at approximately $400 million. “We made unholy good returns for a long, long time,” Munger said. “That $8  ( 33 min )

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Labor negotiations are always a face-off: the union vs. the company, wages, benefits, and working conditions vs. profits.  ( 22 min )

September is traditionally known to be a challenging month for the stock market, with historical data showing it is usually the worst month of the year for stocks. However, when considering year-to-date activity, J.P. Morgan’s Global Investment Strategist, Madison Faller, points out that this may not be the case this year. “A closer look shows that in the 10 times since 1950 that the S&P 500 has been up at least 10% year-to-date and it’s been down in August (just like this year), September has b  ( 35 min )

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The stock market currently has too rosy an outlook on the Fed's interest rate path, according to Oppenheimer's Chief Investment Strategist John Stoltzfus.  ( 33 min )

Citi analysts see near-term upside for Microsoft stock in artificial intelligence, and beyond. Shares can rise another 26%, they reckon.  ( 22 min )

To find the best deals on CDs, shop for one that combines the best CD rates, a term that matches your savings goal, and a minimum deposit that fits your budget.  ( 34 min )

A lawsuit in North Carolina says a man is unable to pay his mortgage because Wells Fargo mistakenly froze his account. It points to a bigger problem in banking.  ( 23 min )

Shares of Walgreens Boots Alliance continued their run downward Monday, putting them on pace for their lowest close since 2009. The stock, recently off more than 1%, was on track to fall for a seventh straight session for the first time since September. It's down some 15% during the latest seven-da  ( 22 min )

"We want to buy the best businesses in the world."  ( 32 min )

I'm 64. I just inherited $50,000. I'm leary of investing it in stocks as I took a bath after 9/11 and saw my $70,000 401(k) cut in half. I have been looking at high-interest savings in digital banks such as … Continue reading → The post Ask an Advisor: I'm 64 and Received a $50K Inheritance But I ‘Took a Bath' in the Stock Market Once Before. Should I Put It Into High-Yield Savings? appeared first on SmartAsset Blog.  ( 33 min )

The company said it would cost up to $7 billion to repair Pratt engines and compensate airlines for fixes that will ground more than 600 Airbus jets in 2024.  ( 26 min )

Two longtime insiders are getting new assignments in key Goldman divisions as the Wall Street giant navigates a series of challenges.  ( 33 min )

David Tolley, WeWork's interim CEO, said the company's current lease liabilities remain too high and "are dramatically out of step with current market conditions."  ( 18 min )

One day after hitting a new 22-year high, 30-year mortgage rates retreated dramatically, registering their biggest rate drop in more than three months.  ( 19 min )

Creating passive income streams can be a stepping-stone to building wealth, with minimal ongoing investment of time or money. There are different ways to generate income passively that require varying degrees of effort to establish. If you're interested in how to invest $200,00 for monthly income, it helps to understand what options you have and […] The post How to Invest $200K for Monthly Income appeared first on SmartReads by SmartAsset.  ( 34 min )

Deciding when to take Social Security benefits is one of the most important questions to answer in planning your retirement strategy. Second to that is understanding what might increase-or reduce-your benefit amount. Does retirement income count as income for Social Security? No, but working while claiming benefits could shrink the amount that you're able to […] The post Does Retirement Income Count as Income for Social Security? appeared first on SmartReads by SmartAsset.  ( 34 min )

Instacart’s much-anticipated IPO officially kicked off Monday, as the grocery delivery company revealed the price it hopes to fetch for its stock in a regulatory filing. The San Francisco company and selling shareholders are aiming to sell 22 million shares at $26 to $28 apiece, raising $572 millio  ( 23 min )

The company says it paid billions to executives including founder Sam Bankman-Fried before filing for bankruptcy last year.  ( 30 min )

Broadcom director Check Kian Low just bought $9.6 million of shares of the chip maker on the open market.  ( 23 min )

(Bloomberg) -- SoFi Technologies Inc.’s effort to transition from upstart fintech firm to the big leagues of financial institutions will face an important step possibly as soon as next week when the company helps take Instacart Inc. public.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayIndia’s G-20 Win Shows US Learning How to Counter China RiseMeloni Tells China That Italy  ( 33 min )

The sale caps a remarkable turnaround for Hostess, which has been through two Chapter 11 bankruptcies.  ( 27 min )

(Bloomberg) -- RTX Corp.’s plan to address the latest flaw in its marquee commercial jet engine will ground hundreds of Airbus SE A320neo aircraft over the next three years, a fresh source of disruption to global airlines’ post-pandemic recovery.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayIndia’s G-20 Win Shows US Learning How to Counter China RiseMeloni Tells China That  ( 33 min )

Stock in J.M. Smucker is falling Monday, after the snack giant agreed to buy Twinkies owner Hostess Brands. The cash-and-stock deal, previously reported by The Wall Street Journal, values Hostess at $5.6 billion inc  ( 22 min )

US futures moved higher on Monday as investors weighed Janet Yellen's upbeat remarks on the US economy and as Tesla surged.  ( 32 min )

Recent hiccups probably won’t derail the firm’s restructuring, but the stock could struggle without further concrete signs of progress—and a healthier China.  ( 26 min )

Chip maker Qualcomm will supply Apple with 5G chips for smartphone launches in 2024, 2025, and 2026. Its stock is reversing recent declines.  ( 23 min )

The aerospace company announces it will take a $3 billion charge in the third quarter to reflect the costs of fixing some parts on its geared turbofan that powers A320 jets.  ( 22 min )

Tech stocks tumbled last week, led lower by shares in Apple. But now the tech giant's stock is rising to start a new trading week.  ( 23 min )

J.M. Smucker is buying Hostess for $34.25 a share.  ( 22 min )

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Shares of RTX were down more than 3% in premarket trading after the company said its profit would take a hit of up to $3.5 billion from the recall of hundreds of Pratt & Whitney jet engines over th  ( 22 min )

The aerospace company announces it will take a $3 billion charge in the third quarter to reflect the costs of fixing some parts on its geared turbofan that powers A320 jets.  ( 22 min )

Shares in London-listed drugmaker AstraZeneca declined as much as 3.6% on Monday, falling to their lowest since July 19. Traders attributed the move to a report in the Mail on Sunday newspaper saying the drugmaker'sChief Executive Pascal Soriot had said privately to friends and advisers that he may leave the company as soon as next year. Reuters could not independently verify the information.  ( 31 min )

Shares of Arlington-based RTX Corp. were down in premarket trading Monday after the company announced that it will take $3 billion pretax charge this quarter tied to its recent disclosure of a rare defect in powdered metal used to make jet engines.  ( 18 min )

“It’s messed up. But no way around it.”  ( 32 min )

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Chip maker Qualcomm will supply Apple with 5G chips for smartphone launches in 2024, 2025, and 2026. Its stock is reversing recent declines.  ( 23 min )

FuelCell posts a fiscal third-quarter loss of 6 cents a share on revenue of $25.5 million.  ( 22 min )

↗️ Tesla (TLSA): Shares in the electric carmaker rose more than 6% in premarket trading. Morgan Stanley analysts upgraded Tesla’s stock to “buy” from “hold,” citing its efforts to [develop an inhouse supercomputer](https://www.wsj.com/livecoverage/s  ( 23 min )

Truist Financial Corp is planning "sizable reductions" to its workforce from the third quarter of 2023 to the first quarter of next year to trim costs, the bank disclosed in a regulatory filing on Monday. The layoffs, part of a larger cost savings program, are expected to save $300 million. Truist, in a presentation to investors, added expense growth in 2024 will be significantly lower than 2023.  ( 31 min )

US futures moved higher on Monday as investors weighed Janet Yellen's upbeat remarks on the US economy and as Tesla surged.  ( 32 min )

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Tesla shares climbed on an analyst upgrade over its AI supercomputer and Hostess shares surged on a potential sale to J.M. Smucker in a merger of snack makers. Here’s what investors need to know today.  ( 18 min )

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Tech stocks tumbled last week, led lower by shares in Apple. But now the tech giant's stock is rising to start a new trading week.  ( 23 min )

Bitcoin started the week below US$26,000 while Ether dropped to US$1,611. Toncoin and XRP lead losers in the last 24 hours.  ( 34 min )

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Shares of Hostess Brands jump as J.M. Smucker, the food company famous for jams and jellies, is nearing an acquisition of the Twinkies maker for about $4 billion, according to a report from The Wall Street Journal.  ( 22 min )

The face off that starts Tuesday is the most significant antitrust challenge to a tech giant since the Justice Department went after Microsoft 25 years ago.  ( 36 min )

At least the interest rate outlook has become clearer for tech investors.  ( 33 min )

Competitive yields are tough to find in the stock market these days. For investors who aren’t averse to risk, business development companies offer an exception.  ( 26 min )

Oil prices are at their highest level this year.  ( 26 min )

China's central bank is tightening its scrutiny of bulk dollar purchases by domestic firms, three sources with direct knowledge of the matter said on Monday, at a time when the Chinese currency faces mounting depreciation pressure. Companies that need to purchase $50 million or more will now need approval from the People's Bank of China (PBOC), which convened a meeting with some commercial banks over the weekend on the matter, the sources said. The directive is being issued as the Chinese yuan has declined by about 6% against the U.S. dollar so far this year, falling to levels that were last seen during the 2008 global financial crisis.  ( 31 min )

Shares of Tesla are upgraded to Buy from Hold at Morgan Stanley, Alibaba CEO Daniel Zhang is stepping down as head of the company's cloud business, and a report says J.M. Smucker is nearing a deal to buy Hostess Brands for about $4 billion.  ( 23 min )

(Bloomberg) -- Investors should focus on a “late-cycle portfolio” of defensive stocks, industrials and energy, according to Morgan Stanley strategists led by Michael Wilson.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiIndia’s G-20 Win Shows US Learning How to Counter China RiseMeloni Tells China That Italy Plans to Exit Belt and RoadBiden Doubts China Able to Invade Taiwan Amid Economic WoesThe Mighty American Consumer Is About to Hit a  ( 32 min )

Daniel Zhang was due to stand down as CEO on Sunday to focus on the cloud unit, which is set to be spun off as the company separates into six parts.  ( 23 min )

(Bloomberg) -- The recent pullback in US stocks has further to go, according to Wall Street’s most bullish strategist.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiIndia’s G-20 Win Shows US Learning How to Counter China RiseMeloni Tells China That Italy Plans to Exit Belt and RoadBiden Doubts China Able to Invade Taiwan Amid Economic WoesEven Brief UAW Strike Seen Causing Billions in US Economic Damage“Bullishness is relatively high while  ( 32 min )

Tesla started production of Dojo in July and plans to spend more than $1 billion through next year. Dojo can open up new addressable markets that "extend well beyond selling vehicles at a fixed price," Morgan Stanley analysts, led by Adam Jonas, said in a note published on Sunday.  ( 32 min )

Morgan Stanley analyst Adam Jonas upgraded shares of Tesla to Buy from Hold, Sunday. His price target went to a Street high of $400 a share. He calls Tesla his top pick.  ( 22 min )

Company flight patterns suggest CEO Calhoun travels infrequently to headquarters from two distant homes, while CFO West occupies a new office five minutes from his Connecticut doorstep.  ( 24 min )

The current focus for EUR/USD has returned to the relative difference between the U.S and European economies, thus ruling out a near- and medium-term scenario of a decline in the dollar index, XS.com said.  ( 24 min )

(Bloomberg) -- China’s deflationary pressures eased slightly and data expected this week may show a pickup in credit demand, adding to a recent trickle of signs the nation’s economy is stabilizing. Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiIndia’s G-20 Win Shows US Learning How to Counter China RiseMeloni Tells China That Italy Plans to Exit Belt and RoadBiden Doubts China Able to Invade Taiwan Amid Economic WoesBoss of Failed Crypto  ( 32 min )

Higher yields and 'duration' math mean further losses, if any, could be much smaller than those investors have already weathered.  ( 23 min )

(Bloomberg) -- The yuan climbed from a 16-year low as China started the week on the offense, sending another forceful signal with the reference rate for the managed currency and urging state banks to support it.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiIndia’s G-20 Win Shows US Learning How to Counter China RiseMeloni Tells China That Italy Plans to Exit Belt and RoadBiden Doubts China Able to Invade Taiwan Amid Economic WoesBoss of F  ( 32 min )

The company reports August quarter results Monday. The heart of the story remains the boost to its cloud computing business from AI workloads.  ( 22 min )

Gold prices rose on Monday, supported by a retreat in the dollar as investors looked forward to U.S. inflation data that could define the Federal Reserve's moves on interest rates. Spot gold gained 0.3% to $1,922.89 per ounce by 0313 GMT, having lost 1% in the previous week. Gold should be supported above the $1,900 level if we see the U.S. dollar continue to decline on bets that the Fed are indeed done with their tightening cycle, and the potential for them to cut rates sooner than anticipated, said Matt Simpson, a senior analyst at City Index.  ( 32 min )

(Bloomberg) -- Hong Kong property stocks suffered their biggest selloff in seven months, hit by disappointing earnings at the city’s top builder and a major bank’s reported plan to raise mortgage rates. Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiIndia’s G-20 Win Shows US Learning How to Counter China RiseMeloni Tells China That Italy Plans to Exit Belt and RoadBiden Doubts China Able to Invade Taiwan Amid Economic WoesBoss of Failed Cr  ( 32 min )

(Bloomberg) -- Tesla Inc.’s Dojo supercomputer may add as much as $500 billion to the company’s market value through faster adoption of robotaxis and network services, according to Morgan Stanley.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiIndia’s G-20 Win Shows US Learning How to Counter China RiseMeloni Tells China That Italy Plans to Exit Belt and RoadBiden Doubts China Able to Invade Taiwan Amid Economic WoesEven Brief UAW Strike Se  ( 32 min )

A purchase marrying the Twinkies owner with the jelly maker could be finalized by Monday.  ( 27 min )

The Hong Kong-listed shares of China's Alibaba Group fell more than 4% on Monday after the surprise departure of outgoing Alibaba CEO Daniel Zhang from the company's cloud computing business. The company announced Zhang's decision to depart the unit in an internal letter to staff seen by Reuters. Zhang had been scheduled to hand over the role of group CEO to Eddie Wu on Sunday.  ( 31 min )

There was red ink across the crypto market Monday morning in Asia as Bitcoin dipped below US$26,000. Ether also fell to near the US$16,000 mark.  ( 33 min )

J.M. Smucker is nearing an agreement to buy Twinkies maker Hostess Brands, in a deal that would likely be in the neighbourhood of $4 billion, the Wall Street Journal reported on Sunday, citing sources. Both companies did not immediately respond to Reuters' request for comments outside regular business hours.  ( 31 min )

(Bloomberg) -- Arm Holdings Ltd. is considering raising the price range of its initial public offering after meeting investors for what would be the world’s largest listing this year, according to people familiar with the matter.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiIndia’s G-20 Win Shows US Learning How to Counter China RiseMeloni Tells China That Italy Plans to Exit Belt and RoadBiden Doubts China Able to Invade Taiwan Amid Econ  ( 30 min )

Asia stock markets were softer on Monday ahead of U.S inflation September data this week with investors seeking signals about the Federal Reserve's next likely moves on interest rates. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.4%, after U.S. stocks ended the previous session with mild gains. Australian shares and Japan's Nikkei stock index both lost 0.25%.  ( 32 min )

(Bloomberg) -- Asian equities may struggle to find traction Monday in a cautious open to trading around the region, while in currency markets the yen was on the front foot following potentially hawkish remarks for the Bank of Japan governor.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiIndia’s G-20 Win Shows US Learning How to Counter China RiseMeloni Tells China That Italy Plans to Exit Belt and RoadBoss of Failed Crypto Exchange Gets 11  ( 33 min )

Abbott Cooper said the embattled bank needs a cash infusion from George Norcross and his group of activist investors, who he said would be hurt financially if Republic First collapses.  ( 24 min )

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The yen strengthened on Monday as comments from Bank of Japan (BOJ) Governor Kazuo Ueda stoked hopes that Japan could soon herald a new era away from negative rates, while the dollar was on the back foot ahead of this week's U.S. inflation reading. The Japanese currency rose nearly 0.8% at one point to touch a session-high of 146.66 per dollar in early Asia trade, boosted by weekend comments from Ueda that the central bank could end its negative interest rate policy when achievement of its 2% inflation target is in sight. Ueda told the Yomiuri newspaper in an interview that the BOJ could have enough data by year-end to determine whether it can end negative rates.  ( 33 min )

Oil prices eased in early Asian trade on Monday as economic concerns in China weighed on fuel demand outlook although Brent stayed perched above $90 a barrel, supported by tightening supplies after Saudi Arabia and Russia extended supply cuts. Brent crude fell 49 cents, or 0.5%, to $90.16 a barrel by 0022 GMT while U.S. West Texas Intermediate crude was at $86.77 a barrel, down 74 cents, or 0.9%. Both contracts gained in the past two consecutive weeks with Brent settling at its highest since November on Friday, after Saudi Arabia and Russia announced last week they will extend voluntary supply cuts of a combined 1.3 million barrels per day until the end of the year.  ( 31 min )

(Bloomberg) -- After staving off recession for longer than many thought possible, the US consumer is finally about to crack, according to Bloomberg’s latest Markets Live Pulse survey. Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiIndia’s G-20 Win Shows US Learning How to Counter China RiseMeloni Tells China That Italy Plans to Exit Belt and RoadBoss of Failed Crypto Exchange Gets 11,000-Year SentenceEven Brief UAW Strike Seen Causing Bill  ( 33 min )

The maturity date is when a debt comes due and all principal and/or interest must be repaid to creditors.  ( 24 min )

Today's best CD rate is 6.00% from American 1 Credit Union, with available jumbo rates of 5.85% from One America Bank and 5.80% from both Finworth and All In Credit Union.  ( 18 min )

Sole proprietor business insurance costs, on average, $1,483 per year, $1,191 for general liability only, and $717 for a BOP. Here’s how to find the best deal.  ( 21 min )

Betterment and Schwab Intelligent Portfolios have created solid offerings, but Schwab Intelligent Portfolios has lower fees, putting them on top for the win.  ( 26 min )

Low-cost carrier JetBlue Airlines on Monday offered to sell off Spirit Airlines' assets at Newark Liberty and Boston Logan airports, as the airline seeks to win regulators' approval for a merger with Spirit.  ( 18 min )

Moderna and German biotech firm Immatics announced an agreement to work on development of vaccines and treatments for cancer using the science behind Moderna’s COVID-19 shots.  ( 17 min )

U.S. equities gained on Monday, Sept. 11, 2023, with the S&P 500 Index rising 0.7%, amid expectations Fed policymakers might not raise interest rates at their meeting next week.  ( 18 min )

You might be better off playing roulette if you don't understand the risks of investing in Russia.  ( 28 min )

Learn more about the available options that CareCredit offers to pay for out-of-pocket medical procedures with little to no interest.  ( 22 min )

Pratt & Whitney parent RTX said it will take a $3 billion charge as it inspects Pratt & Whitney engines.  ( 17 min )

On the surface, Betterment and Fidelity Go share many similarities. However, there are some key differences between Betterment and Fidelity Go that will help you choose the best fit for your money.  ( 27 min )

Personal loan rates continued their decline this week, falling to 20.94%, losing just 2 basis points since last week when the average personal loan rate sat at 20.96%.  ( 18 min )

Disney restored ESPN, ABC, and other content to Charter Communication’s Spectrum cable after a 10-day blackout following a deal that saw Spectrum customers get access to Disney streaming services.  ( 18 min )

No, employer match does not count towards 401(k) limit, however, the IRS does limit total contribution from both the employer and the employee combined.  ( 24 min )

The New York Federal Reserve Bank’s August 2023 Survey of Consumer Expectations asked about 1,300 households about their expectations for inflation, job prospects, earnings, and spending.  ( 17 min )

A business is bonded if it has a surety bond, a legal contract whereby a surety company assumes liability for a debt or other obligation one business owes to another.  ( 24 min )

The income effect and the price effect are both economic concepts that help analysts, economists, and business professionals understand economic trends. Learn the differences between the two and how they can influence financial analysis.  ( 20 min )

Paul Samuelson was an economics professor at MIT who received the Nobel Prize in 1970 for his contributions to the field.  ( 20 min )

The dividend growth rate is the annualized percentage rate of growth of a particular stock's dividend over time.  ( 24 min )

Avantax, a tax-focused financial planning and wealth management, has agreed to be acquired by financial advisor wealth hub, Cetera, in a deal valued at $1.2 billion.  ( 18 min )

Bank ratings are grades provided to the public by government agencies and private companies to predict the safety and soundness of financial institutions.  ( 23 min )

Qualcomm shares jumped more than 4% after the company said it expects to provide 20% of Apple's smartphone chipsets into 2026 as the iPhone-maker pushes back plans for in-house modem production.  ( 17 min )

U.S. equities rose at midday on Monday, Sept. 11, 2023, amid expectations Fed policymakers might not raise interest rates at their meeting next week.  ( 17 min )

Smucker, the maker of its namesake jellies, Folgers coffee and other food products, said it would be paying $34.25 per share in cash and stock for Hostess,  ( 17 min )

The U.S. government's latest antitrust case against Google could be the biggest in decades, drawing parallels to its showdown with Microsoft in the 1990s, with the potential to drastically alter the internet search market.  ( 19 min )

Instacart filed for its much-anticipated initial public offering, which could value the online grocery delivery firm at as much as $9.3 billion.  ( 17 min )

One day after hitting a new 22-year high, 30-year mortgage rates retreated dramatically, registering their biggest rate drop in more than three months.  ( 19 min )

Katie Stockton, founder and managing partner of Fairlead Strategies, climbs back aboard The Express to share what the most important charts and indicators in the stock market are telling us right now.  ( 16 min )

The Edgeworth Price Cycle is a pattern of price adjustments that results from competition between businesses offering commodified products.  ( 19 min )

Former Alibaba CEO Daniel Zhang is stepping down from leading its cloud division just two months after announcing he would focus on it, raising concerns about its coming IPO.  ( 17 min )

Boeing on Monday said it would sell 50 737-8 Max jets to Vietnam Airlines, a deal valued at $7.8 billion, according to the White House.  ( 18 min )

Landing a position after the pandemic requires adaptability, whether it’s looking to a new industry or mastering the art of the Zoom interview.  ( 26 min )

The Federal Reserve report on consumer credit showed that in July, revolving credit grew $9.6 billion, mostly in credit card debt, while consumers also added another $773 million for auto loans and other non-revolving debts.  ( 17 min )

The FDIC, one of the federal regulators responsible for overseeing banks, admitted some of its shortcomings contributed to the second-largest bank collapse in U.S. history earlier this year.  ( 18 min )

Some experts say the stock market today may be just as vulnerable to a major disruption as on Sept. 11, 2001.  ( 22 min )

The U.S. economy made great strides after Sept. 11, 2021, but some experts believe that the American economy shows its aftereffects to this day.  ( 24 min )

Tesla shares climbed on an analyst upgrade over its AI supercomputer and Hostess shares surged on a potential sale to J.M. Smucker in a merger of snack makers. Here’s what investors need to know today.  ( 18 min )

Learn about the differences between the banking industry and the financial services sector and how to distinguish financial goods from financial services.  ( 23 min )

The 3-6-3 rule is a slang term that refers to an unofficial practice in the banking industry in the 1950s, 1960s, and 1970s that was the result of non-competitive and simplistic conditions in the industry.  ( 18 min )

A home insurance inspection may be necessary when buying a home. Learn what one involves and how to prepare for it.  ( 21 min )

Quants use computer algorithms based on mathematical models to identify profitable trading opportunities. Learn how much quants make and what they do.  ( 24 min )

A month-to-month tenancy is categorized as a periodic tenancy in which the tenant rents from the property owner one month at a time.  ( 21 min )

A warehouser's liability form is a document that describes the obligations of a storage facility toward its customers.  ( 19 min )

Voluntary life insurance, an optional benefit often offered by employers, is a plan that provides a cash benefit upon the death of the insured.  ( 22 min )

Voluntary accidental death and dismemberment insurance (VAD&D) pays cash in the event the policyholder is killed or loses a specific body part.  ( 21 min )

Weighted average shares takes into account fluctuations over time in a company's number of outstanding shares.  ( 22 min )

Channeling is a commercial insurance policy, which insures employees and affiliated personnel under one policy.  ( 18 min )

In 2014, Warren Buffett announced that he would give whoever could correctly guess every game of the NCAA men’s basketball tournament $1 million a year for life. What are the odds that someone could win the challenge?  ( 24 min )

Learn about flexible spending accounts (FSAs), and understand the medical expenses on which an individual cannot use FSA funds, such as teeth whitening.  ( 21 min )

Here's a look at considerations for retirees who want to lease or buy a new car, including safety, warranties, and tax deductions.  ( 22 min )

Ruim één op de drie online platformen zoals bol.com, Marktplaats en Amazon gebruikt algoritmes om bezoekers te helpen of hun aankoop zelfs te sturen. Minder dan de helft van al deze websites is eerlijk over hoe hun systemen werken.  ( 4 min )

Het budget van het Internationale Rode Kruiscomité (ICRC) wordt volgend jaar met ongeveer 13 procent verlaagd, zegt directeur Robert Mardini. Dat komt doordat grote donoren zoals de Verenigde Staten de financiering hebben verlaagd. Het ICRC is een onderdeel van de Rode Kruisbeweging en staat los van bijvoorbeeld het Nederlandse Rode Kruis.  ( 4 min )

Het budget van het Rode Kruis wordt volgend jaar met ongeveer 13 procent verlaagd, zegt directeur Robert Mardini. Dat komt doordat grote donoren zoals de Verenigde Staten de financiering hebben verlaagd.  ( 4 min )

De Rabobank heeft zijn variabele tarieven voor spaarders verhoogd. Spaarders die tot 20.000 euro bij de bank hebben staan, ontvangen daar vanaf maandag 1,7 procent rente over. Dat was eerst 1,5 procent.  ( 3 min )

Ruim 5 procent van de Nederlanders had vorig jaar niet genoeg geld om het huis warm te houden. Dat is een op de twintig huishoudens. Dat meldt het Europese statistiekbureau Eurostat maandag.  ( 3 min )

Nederlandse spaarbanken bieden in Duitsland vaak fors hogere rentes aan dan aan spaarders in Nederland. In België liggen de spaarrentes juist veel lager dan bij ons.  ( 4 min )

De Europese Commissie heeft de verwachte economische groei van Nederland flink naar beneden bijgesteld voor dit jaar. Door de hoge inflatie in het eerste half jaar hebben huishoudens minder te besteden dan eerder gedacht. Tegelijkertijd liep de export terug.  ( 4 min )

Na jaren van ongebreidelde groei trekt betaalbedrijf Mollie nu aan de rem. Er zullen ontslagen vallen, zegt oprichter Adriaan Mol tegen FD.  ( 3 min )

De horeca gooit nu 9,2 procent minder voedsel weg dan in 2019, het jaar voor de coronapandemie. Maar het weggegooide eten is nog altijd goed voor bijna 6 procent van de omzet, blijkt uit onderzoek van de Rabobank.  ( 4 min )

De A12 is vandaag weer het strijdtoneel van de klimaatactivisten van Extinction Rebellion. Dit soort acties winnen aan populariteit in Nederland, zien experts. Kritisch burgerschap en activisme zitten in de lift. "Er is veel om ontevreden over te zijn."  ( 5 min )

Ondanks de grote populariteit van fatbikes onder dieven, schrikt dat de eerlijke koper niet af, blijkt uit een rondgang van NU.nl onder fietsenwinkels. Wel is de consument bij de aanschaf steeds geïnteresseerder in hoe je de fatbike het best beschermt.  ( 5 min )

Veel winkeliers hebben nog steeds veel moeite om genoeg medewerkers te vinden. Zo bleek uit een recente peiling van vereniging INretail dat 60 procent van de retailers zijn personele bezetting niet rondkrijgt. Ook de horeca heeft grote problemen.  ( 5 min )

Avantax, a tax-focused financial planning and wealth management, has agreed to be acquired by financial advisor wealth hub, Cetera, in a deal valued at $1.2 billion.  ( 1 min )

Qualcomm shares jumped more than 4% after the company said it expects to provide 20% of Apple's smartphone chipsets into 2026 as the iPhone-maker pushes back plans for in-house modem production.  ( 1 min )

Boeing on Monday said it would sell 50 737-8 Max jets to Vietnam Airlines, a deal valued at $7.8 billion, according to the White House.  ( 1 min )

U.S. equities rose at midday on Monday, Sept. 11, 2023, amid expectations Fed policymakers might not raise interest rates at their meeting next week.  ( 1 min )

Tesla shares climbed on an analyst upgrade over its AI supercomputer and Hostess shares surged on a potential sale to J.M. Smucker in a merger of snack makers. Here’s what investors need to know today.  ( 1 min )

U.S. Treasury bills (T-bills) are sold at auction, typically at a discount from their par value. The maturity length and the discount are used to determine the interest rate.  ( 21 min )

The Automated Clearing House (ACH) is an electronic funds-transfer system run by the former National Automated Clearing House Association (NACHA), now known as Nacha.  ( 24 min )

Find out how factor endowments – namely labor, land and capital – affect a country's comparative advantage and how that advantage can change over time.  ( 22 min )

Learn how most financial institutions calculate interest on lines of credit by using the average daily balance method and periodic rates.  ( 20 min )

Here is a brief intro to the complex U.S. tax rules governing call and put options with examples of some common scenarios.  ( 25 min )

Look-through earnings are based on the concept that a firm's value is ultimately determined by how retained earnings are invested in future years by the firm to produce more earnings.  ( 24 min )

Freeganism is an alternative philosophy of living, based on minimal participation in capitalism and limited consumption of resources.  ( 21 min )

Economic justice is a concept aimed at providing avenues to financial prosperity to individuals who have been marginalized in an economy.  ( 22 min )

The employment-to-population ratio measures the number of workers currently employed against the total working-age population of a region.  ( 21 min )

A market economy is a system of voluntary economic exchanges guided by the decisions of many private individuals rather than government orders.  ( 22 min )

Chicago School is an economic school of thought founded in the 1930s that promoted the virtues of free-market principles to better society.  ( 19 min )

The base effect is the effect that the choice of a reference point when comparing two data points can have on the result of the comparison.  ( 20 min )

Read about the two-way correlation between the total amount of money circulating in the economy and gross domestic product (GDP).  ( 20 min )

Reloading is the practice of taking out a new loan to pay off an existing loan, obtain a lower interest rate, or consolidate debt. Learn how reloading works.  ( 22 min )

Condemnation is when a government orders a dwelling, building, or other property to be vacated and kept vacant.  ( 24 min )

A Certified Commercial Investment Member (CCIM) is a recognized expert in the disciplines of commercial and investment real estate.  ( 19 min )

Hyperinflation can make a $1,000 bill look like chump change.  ( 19 min )

Here's how dividend stocks can make you rich, but you have to be patient.  ( 21 min )

A voluntary export restraint (VER) is a trade restriction on the quantity of a good that an exporting country is allowed to export to another.  ( 19 min )

An economic shock is an event that occurs outside of an economic model that produces a significant change within an economy.  ( 21 min )

The statutory debt limit, also called the debt ceiling, is the limit to the amount that the U.S. Treasury can borrow to meet its obligations. Learn how it works.  ( 24 min )

The Balassa-Samuelson Effect is a pattern wherein countries with high productivity and wage growth also experience higher real exchange rates.  ( 19 min )

A BRIC ETF is an exchange-traded fund (ETF) invested in securities from Brazil, Russia, India, and China.  ( 26 min )

Investing in startups is a very risky business but can reward investors greatly if and when they do pay off.  ( 24 min )

The gambler's fallacy is an erroneous belief that a random event is less or more likely to happen based on the results from a previous series of events.  ( 23 min )

Student loan debt reached $1.63 trillion in 2023 and the Supreme Court has taken steps to prevent it from being eliminated. Here's who owes what and why.  ( 26 min )

Personal Financial Specialist (PFS) is a specialty credential for CPAs who are experts at helping individuals with all aspects of wealth management.  ( 22 min )

The financial crisis of 2008 and the Great Recession that followed is still fresh in many investors' memories. Learn about investing during times like these.  ( 22 min )

Locus Sigilli, Latin for the place of the seal, denotes the area on a contract where the seal is to be affixed.  ( 19 min )

While many COVID relief measures have expired, some remain in place.  ( 41 min )

Hex describes itself as a high-interest blockchain certificate of deposit. Users are rewarded by not trading or selling their HEX for set amounts of time.  ( 22 min )

What percentage of the total amount of money in the world is in Bitcoin? There's lots of zeros, but it's not nearly as much as you might believe or have heard.  ( 21 min )

A settlement bank is the last bank to receive and report the settlement of a transaction between two entities.  ( 20 min )

The Government Securities Clearing Corporation was a non-profit organization that clears and nets U.S. government securities and agency debt securities.  ( 19 min )

A betting odd opportunity should be considered valuable if the probability assessed for an outcome is higher than the implied probability estimated by the bookmaker.  ( 26 min )

The NFL makes money in many ways, but its TV deals are by far its most lucrative revenue stream and will likely continue to be.  ( 29 min )

Learn more about sports investing before you dive into an investment related to your favorite teams. We've got the pros and cons of sports investing.  ( 22 min )

A safe deposit box (or safety deposit box) is an individually secured container that stays in the safe or vault of a federally insured bank or credit union.  ( 23 min )

Employers expect health benefit costs could rise an average of 5.4% per employee next year, a survey by Mercer found.  ( 16 min )

New York City is enforcing a host registration law to eliminate illegal short-term rentals.  ( 18 min )

Companies ranging from tech giant Microsoft to Shopify, H&M, and payments company Stripe are investing millions of dollars on carbon removal, the process of extracting carbon dioxide from the atmosphere.  ( 20 min )

The last mile refers to the short geographical segment of delivery of communication and media services or delivery to customers in dense areas.  ( 20 min )

Learn about the differences between prime costs and conversion costs, and how each type is used in business operations.  ( 20 min )

The business structure of Japan known as keiretsu requires a partnership among financiers, producers, and distributors of goods and services.  ( 25 min )

Certified Credit Executive (CCE) is a professional designation issued by the National Association of Credit Management (NACM).  ( 19 min )

With the Federal Reserve having raised short-term fed fund rates 11 times over the past 18 months, bringing them to a range between 5.25% and 5.5% – their highest levels in 22 years – these aggressive actions are yielding results. Inflation has continued to cool down throughout this year, with the annual growth of the consumer price index falling to 3% in June, marking its lowest point since March 2021. However, despite these positive outcomes, billionaire investor Howard Marks is sounding a war  ( 35 min )

Arm, the chip designer owned by SoftBank Group Corp, is getting close to securing enough investor support to attain the fully diluted valuation of $54.5 billion it was seeking in its initial public offering (IPO) at the top of its indicated range, and is considering asking investors to value it higher, people familiar with the matter said on Sunday. Following strong demand from investors, Arm will likely be able to price the IPO at the top or above its $47-to-$51-per-share range when its underwriters close their books on Wednesday on the biggest U.S. stock market debut in two years, the sources said. Arm is discussing the possibility of raising the price range and seeking a valuation of more than $54.5 billion, in light of the IPO's oversubscription, the sources said.  ( 32 min )

(Bloomberg) -- Short sellers are raking in profits by betting against a part of the US equity market overlooked by most investors: small-cap stocks. Most Read from BloombergIndia’s G-20 Win Shows US Learning How to Counter China RiseMeloni Tells China That Italy Plans to Exit Belt and RoadBoss of Failed Crypto Exchange Gets 11,000-Year SentenceTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsThe  ( 33 min )

Oil prices hit their highest levels in 2023 last week following an announcement by Saudi Arabia and Russia that they would deepen their previously announced oil production cuts.  ( 32 min )

Tesla, which has fought off organized labor, faces traditional automakers pushing aggressively into electric vehicles.  ( 33 min )

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The Consumer Price Index is expected to be up 3.6%. Results from Oracle, Adobe, and Lennar. And a policy decision from the European Central Bank.  ( 23 min )

The Fed's fight against inflation is trickier if oil prices stay elevated, say economists.  ( 34 min )

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Workers may wonder if their résumés should showcase their AI skills. They should, experts say, and here’s how to do it.  ( 33 min )

What percentage of the total amount of money in the world is in Bitcoin? There's lots of zeros, but it's not nearly as much as you might believe or have heard.  ( 21 min )

(Bloomberg) -- Alibaba Group Holding Ltd.’s former chief executive Daniel Zhang has resigned his post as head of its cloud business, completing his exit as new leadership takes the helm of China’s largest e-commerce company.Most Read from BloombergBoss of Failed Crypto Exchange Gets 11,000-Year SentenceIndia’s G-20 Win Shows US Learning How to Counter China’s RiseWall Street Fears a Too-Hot Economy as Recession Bets PlungeCalifornia Shows an Electric-Car Uprising Headed for the USEverything Appl  ( 31 min )

Here is your Pro Recap of 4 head-turning deal dispatches you may have missed this past week: deals at Enbridge and Dominion Energy, WestRock and Smurfit Kappa, NextGen Healthcare and Thoma Bravo, and potential sale of Alteryx. Enbridge (NYSE:ENB) agreed to acquire EOG, Questar, and PSNC from Dominion Energy (NYSE:D) at a combined value of $14 billion, which includes $9.4B cash and $4.6B of assumed debt, as reported in real time on InvestingPro.  ( 32 min )

Alibaba Group said on Sunday that Daniel Zhang will step down as chairman and chief executive officer of its cloud business. Zhang had previously been concurrently serving in three roles, heading the group as well as its cloud unit. He handed over the role of the group's CEO to Eddie Wu on Sunday, who will also take charge of the cloud unit after Zhang's departure.  ( 31 min )

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If you’re aiming for early retirement before age 65, it’s crucial to explore your healthcare choices. Some employers extend healthcare benefits to those who retire early, making the search for health coverage more manageable. If you’re pursuing early retirement, here’s a list of jobs worth considering. A financial advisor can help you create a financial […] The post Jobs That Offer Health Insurance After You Retire appeared first on SmartReads by SmartAsset.  ( 34 min )

China's financial regulator on Sunday reduced the risk weighting it attaches to insurance companies' holdings of blue-chip shares and tech stocks, encouraging them to invest more in the country's lagging stock market. The National Administration of Financial Regulation (NAFR)said on its website that the risk weighting for CSI300 Index constituents would be reduced to 0.3 from 0.35, while that for stocks listed on Shanghai's tech-focused STAR Market would be cut to 0.4, from 0.45. A lower risk weighting frees up more capital for insurers to invest.  ( 30 min )

A key iPhone event and the final inflation print before the Fed's next meeting greet investors in the week ahead.  ( 35 min )

Americans are taking advantage of high interest rates to invest more in fixed-income assets like bonds or CDs, but experts warn of higher taxes ahead.  ( 33 min )

A court setback for the SEC has narrowed the discount on Grayscale Bitcoin Trust shares, making the price of the underlying asset more important.  ( 27 min )

The kingdom is looking to invest $15 billion in mining assets globally, while the U.S. is seeking to counter China’s supply-chain dominance.  ( 29 min )

Trump’s return to mainstream social-media platforms Facebook and X has erased a key strength of the smaller platform popular with conservatives.  ( 29 min )

Stock advances have surprised many investors, partly because expectations for company earnings hadn’t kept up.  ( 26 min )

Xi Jinping has the tools to escape Japan’s fate. He should use them  ( 33 min )

More and more young people are seeing a skilled trade as a desirable career – maybe they’re on to something  ( 32 min )

(Bloomberg) -- Traders in the $325 billion industry for emerging-market exchange-traded funds are shifting cash toward strategies that focus on brighter spots in the developing world as China’s economy stumbles.Most Read from BloombergBoss of Failed Crypto Exchange Gets 11,000-Year SentenceCalifornia Shows an Electric-Car Uprising Headed for the USEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsWall Street Fears a Too-Hot Economy as Recession Bets PlungeUS, EU Agree on Mid  ( 33 min )

The Swiss National Bank nearly doubled investments in electric-vehicle makers Rivian and Lucis, and sold Apple and GM stock in the second quarter.  ( 23 min )

(Bloomberg) -- The S&P 500 Index’s surprise 16% rally this year is rewarding traders who bought in early and punishing those who’ve remained skeptical. But fear of a downturn remains.Most Read from BloombergBoss of Failed Crypto Exchange Gets 11,000-Year SentenceCalifornia Shows an Electric-Car Uprising Headed for the USEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsWall Street Fears a Too-Hot Economy as Recession Bets PlungeUS, EU Agree on Mideast-India Rail and Shipping  ( 33 min )

The moment that Bill Gates turned from boy wonder geek to ruthless capitalist symbol is easy to pinpoint: it was captured on camera.  ( 35 min )

Let’s talk about electric vehicles, EVs. Electrically powered cars are not a new concept – they’ve been around since the earliest days of the automobile. But in the past decade, several factors have combined to make them more competitive with the industry-standard internal combustion engine. Chief among these factors are improving battery technology, with reductions in weight and improvements in power and range, and reduced cost as manufacturers ramp production up to scale. Globally, EV makers a  ( 35 min )

Even the wealthy borrow, and Martha Stewart, Carl Icahn and Ron Perelman go to Bank of America’s Jane Heller when they need to.  ( 22 min )

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With the shale boom’s end in sight, some companies are trying to impress Wall Street by eking out growth—and drilling ever deeper.  ( 22 min )

GM, Ford and Stellantis want to use profits for their EV transition. Workers want a more than 40% pay increase.  ( 28 min )

The central bank is likely to pause rate increases in September, then take a harder look at whether more are needed.  ( 26 min )

(Bloomberg) -- Problems are stacking up for Europe’s hottest sector.Most Read from BloombergBoss of Failed Crypto Exchange Gets 11,000-Year SentenceCalifornia Shows an Electric-Car Uprising Headed for the USEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsUS, EU Agree on Mideast-India Rail and Shipping Corridor at G-20Ex-Google CEO Eric Schmidt Scraps $67.6 Million Purchase of Abandoned SuperyachtA warning from the chairman of Cartier-owner Richemont that stubborn inflation  ( 34 min )

Analysts are raising their forecasts for earnings of companies whose products people buy when they have money left over after buying essentials.  ( 22 min )

Kroger and Albertsons will sell 413 stores to C&S Wholesale Grocers in connection with a proposed $24.6 billion merger announced last October.,  ( 32 min )

Working longer is good for your health as well as your finances.  ( 22 min )

Earnings from summer jobs can be invested for decades of tax-free growth.  ( 25 min )

Het verzuim in Nederland is in het eerste half jaar van 2023 gedaald ten opzichte van vorig jaar. Dat is voor het eerst sinds 2016, blijkt uit cijfers van statistiekbureau CBS.  ( 3 min )

Stijgende benzinekosten en lange files zijn allemaal goede redenen om met meer mensen in een auto te stappen. Maar is de bestuurder wel goed verzekerd voor het geval datg er iets misgaat? Drie vragen over de inzittendenverzekering.  ( 5 min )

Als alles goed gaat, landt Japan volgend jaar als vijfde land op de maan. Vorige maand lukte het India als vierde land. Ook de VS en China zetten alles op alles om naar de maan te gaan. Kortom: we zitten midden in een nieuwe maanrace.  ( 7 min )

Het Internationaal Monetair Fonds (IMF) en de Wereldbank hebben samen met enkele wereldleiders Marokko financiële hulp beloofd. Het land is vrijdagavond getroffen door een grote aardbeving. Bij de aardschok in de regio rond Marrakesh zijn zeker tweeduizend mensen omgekomen.  ( 3 min )

Het Internationaal Monetair Fonds (IMF) en de Wereldbank hebben samen met enkele wereldleiders financiële hulp beloofd aan Marokko vanwege de aardbeving. Bij de aardschok in de regio rond Marrakesh zijn zeker tweeduizend mensen omgekomen.  ( 3 min )

Vluchten, overnachtingen en busreizen: alle vakanties zijn het afgelopen jaar duurder geworden. Gaan de prijzen ooit weer zakken? En is het nog steeds voordeliger om buiten het seizoen op vakantie te gaan?  ( 4 min )

Vluchten, overnachtingen en busreizen: alle vakanties zijn het afgelopen jaar duurder geworden. Gaan de prijzen ooit weer zakken? En is het nog steeds voordeliger om buiten het seizoen op vakantie te gaan?  ( 4 min )

De zon schijnt, het waait lekker: hoog tijd om snel je auto op te laden en een was te draaien. Naast een vast en variabel energiecontract kun je bij steeds meer aanbieders een dynamisch energiecontract afsluiten. Voor wie is dat gunstig?  ( 3 min )

Companies ranging from tech giant Microsoft to Shopify, H&M, and payments company Stripe are investing millions of dollars on carbon removal, the process of extracting carbon dioxide from the atmosphere.  ( 1 min )

International bonds are usually securities issued in one country but bought by an investor residing in another country and using its local currency.  ( 21 min )

A digital asset is anything in digital form with value, ownership, and usage rights. Learn more about digital assets, how they evolved, and what they mean.  ( 21 min )

An uberrimae fidei is a legal principle in certain contracts, such as insurance, requiring the highest standard of good faith during disclosure.  ( 19 min )

GDP is an accurate indicator of the output of an economy, and the GDP growth rate is probably the single best indicator of economic growth.  ( 24 min )

Student loan forgiveness programs can provide financial relief for teachers who took out education debt to pay for college.  ( 24 min )

The Contract Buyers League was an organization of Black homeowners in Chicago who fought discriminatory housing practices in the mid-20th century.  ( 26 min )

Short selling is a way to profit from a stock whose price the investor expects to fall.  ( 25 min )

G20 leaders reached a consensus on a joint statement covering a wide range of economic issues at their summit in Delhi, after compromising on language related to Russia's invasion of Ukraine.  ( 17 min )

Understand the argument that the repeal of the Glass-Steagall Act caused the 2008 financial crisis, and learn why the argument may not be valid.  ( 22 min )

Kenneth Arrow was an American economist who won the Nobel Prize in Economics in 1972 for his work in general equilibrium analysis and welfare economics.  ( 21 min )

Discover why Warren Buffett found Coca-Cola an attractive stock in 1987 and why it's still a top holding in the Berkshire Hathaway portfolio.  ( 25 min )

Sunshine laws are regulations requiring openness in business or government operations.  ( 19 min )

Main Street Lending was a Federal Reserve System program to keep credit flowing to small- and mid-sized businesses and nonprofits during the COVID-19 crisis.  ( 24 min )

Paying student loan interest during school will help you start your adult life with less debt. But it's not always the best decision.  ( 26 min )

The Tax Reform Act of 1986 is a law passed by Congress that reduced the maximum rate on ordinary income and raised the tax rate on long-term capital gains.  ( 20 min )

A JD degree or Juris Doctor is the highest law degree in the U.S. Learn the requirements for a JD degree, along with lawyer job outlook and salary.  ( 23 min )

Supply-side economics asserts that the volume of goods and services produced sets the pace for economic growth. Is that assumption accurate? Here are the arguments.  ( 26 min )

In economics, shock therapy theorizes that sudden, dramatic changes in national economic policy can turn a state-controlled economy into a free-market economy.  ( 19 min )

AA+ and AAA are two credit ratings provided by Standard and Poor's and Fitch, signifying the highest credit quality. AAA is the highest and one level above AA+.  ( 21 min )

Currency in circulation refers to notes, coins, or any other physical forms of money that are used in transactions between buyers and sellers.  ( 19 min )

The Saving on a Valuable Education (SAVE) plan is an income-driven repayment (IDR) plan introduced by the U.S. Department of Education and replaces the Revised Pay As You Earn (REPAYE) plan.  ( 24 min )

A default happens when a borrower fails to make required payments on a debt, whether of interest or principal. Find out what the consequences of default are.  ( 27 min )

Learn what a market economy is, the main assumption behind it, and some important advantages it has over other types of economies.  ( 21 min )

More ETFs raised fees than lowered them in the first half of 2023, signaling the days of continually falling ETFs may have ended.  ( 18 min )

Kroger (KR) shares surged Friday after the supermarket chain posted higher-than-expected earnings for the second quarter, settled claims from an opioid lawsuit, and sold more than 400 stores to win approval for a merger.  ( 18 min )

OpenAI co-founder and CEO Sam Altman was the first to be granted a golden visa from Indonesia, joining other wealthy American tech moguls in paying for the benefits of additional visas or citizenships.  ( 20 min )

Widening of conference regions may strengthen local economies where the teams play, Wells Fargo, Fed research show.  ( 18 min )

Lintner's model is a model proposed by John Lintner from Harvard University for corporate dividend policy.  ( 19 min )

A driver is a factor that has a material effect on the activity of another entity. In terms of economics or the stock market, it affects the earnings of a company or even the entire economy as a whole.  ( 19 min )

Discover how the now-defunct Soviet economic system affected domestic consumer goods markets. Learn more about how the Soviet government produced goods for consumers.  ( 23 min )

Although high student loan debt is a problem for many Americans, this $1.6 trillion burden isn’t being shouldered equally by all borrowers. Learn more.  ( 33 min )

The American Academy of Financial Management was a globally recognized academic institution that issued a number of credentials and designations.  ( 19 min )

Bernie Sanders did not become the Democratic presidential nominee for 2020, but his economic plan still raises many important points and addresses ongoing issues.  ( 32 min )

An economic growth rate is the percentage change in the value of all of the goods and services produced in a nation during a specific period of time, as compared to an earlier period.  ( 20 min )

Protect your and your family's teeth now and prevent problems down the road with affordable dental benefits. Learn what dental insurance does and doesn't cover.  ( 25 min )

Find out how the CAIA and CFA designations differ, including which professionals should seek either title based on their career ambitions.  ( 20 min )

Certificates of deposit (CDs) can be a great method to save money for the future. Learn about PenFed CD rates, and see if they’re a good fit for your finances.  ( 23 min )

The Foreign Corrupt Practices Act (FCPA) is a U.S. law that prohibits the payment of bribes to foreign officials to further business deals.  ( 21 min )

Systemic risk is the possibility that an event at the company level could trigger severe instability or collapse in an entire industry or economy.  ( 19 min )

BMO offers a relatively basic CD with special rates for certain terms. Learn about BMO's current CD rates and features to make an informed decision and grow your savings.  ( 21 min )

Eli Lilly and Co. (LLY) shares have soared, rallying 60% in 2023. Heavy unusual demand for the stock is powering this uptrend.  ( 32 min )

Oracle Corp. (ORCL) shares are racing higher in 2023, up 55%. Heavy unusual demand for the stock is powering this uptrend.  ( 32 min )

(Bloomberg) -- Bond traders have been ratcheting up bets that the Federal Reserve isn’t done with its interest-rate hikes just yet. Next week will help determine if they’re right. Most Read from BloombergBoss of Failed Crypto Exchange Gets 11,000-Year SentenceEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsUS, EU Agree on Mideast-India Rail and Shipping Corridor at G-20California Shows an Electric-Car Uprising Headed for the USEx-Google CEO Eric Schmidt Scraps $67.6 Millio  ( 33 min )

A meat processing company in Minnesota on Friday agreed to pay $300,000 in penalties after an investigation found it employed children as young as 13 to work in hazardous conditions, such as operating meat grinders, while they worked overnight shifts and longer hours than allowed by law. Tony Downs Food Company, based in Mankato, also agreed to obey child labor laws and hire a compliance specialist as part of a consent order with the Minnesota Department of Labor and Industry. “In this case, Tony Downs has agreed to take important steps to prevent child labor violations,” department Commissioner Nicole Blissenbach said in a statement.  ( 31 min )

(Bloomberg) -- Companies storming the bond market at record-breaking pace made one thing clear: They don’t expect rates to stay elevated for long.Most Read from BloombergBoss of Failed Crypto Exchange Gets 11,000-Year SentenceCalifornia Shows an Electric-Car Uprising Headed for the USEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsUS, EU Agree on Mideast-India Rail and Shipping Corridor at G-20Wall Street Fears a Too-Hot Economy as Recession Bets PlungeMore than $110 billi  ( 34 min )

Short selling is a way to profit from a stock whose price the investor expects to fall.  ( 25 min )

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(Bloomberg) -- As the odds of a recession collapse on Wall Street, markets are back to being vulnerable to any sign that the US economy is running too hot.Most Read from BloombergBoss of Failed Crypto Exchange Gets 11,000-Year SentenceEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsUS, EU Agree on Mideast-India Rail and Shipping Corridor at G-20California Shows an Electric-Car Uprising Headed for the USEx-Google CEO Eric Schmidt Scraps $67.6 Million Purchase of Abandoned S  ( 34 min )

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American Airlines and some aviation unions say carrier is exploiting a regulatory loophole. JSX is pushing back, saying rivals can’t handle the competition.  ( 23 min )

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Net unrealized appreciation (NUA) is a tax strategy that can allow you to shift a portion of your retirement account from income taxes to the special, much lower, capital gains tax rate. When successful, it significantly lowers the taxes you pay in retirement. To do this, you must have an employer-sponsored retirement plan that contains […] The post How Is Net Unrealized Appreciation (NUA) Taxed? appeared first on SmartReads by SmartAsset.  ( 34 min )

GOP presidential hopeful brought the same swagger to his business career as he has to his Republican primary campaign.  ( 26 min )

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Deciding to borrow from your 401(k) is a decision that shouldn't be taken lightly. Before moving forward you should understand the full picture of what happens when you do and what your potential risks are going to be. One major aspect of borrowing from your retirement is the topic of where the interest goes. That […] The post Where Does Interest on a 401(k) Loan Go? appeared first on SmartReads by SmartAsset.  ( 33 min )

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Large, export-dependent economies from China to Germany are the main losers from the new trend.  ( 27 min )

About 146,000 U.S. auto workers are set to go on strike this week if General Motors, Ford and Stellantis fail to meet their demands for big pay raises and the restoration of concessions the workers made years ago when the companies were in financial trouble. Shawn Fain, the combative president of the United Auto Workers union, has threatened to strike any of the three companies that hasn't reached an agreement by the time its contract with the union expires at 11:59 p.m. Eastern time Thursday.  ( 36 min )

In an attempt to reboot the global economy, central banks slashed interest rates to almost zero, resulting in an era of cheap money. First, it incentivized investors to fund promising (and, in many cases, not so promising) young tech companies. Over the past decade, a dizzying array of challenger banks, e-money services, digital wallets, and more have managed to claw market share away from the legacy incumbents.  ( 36 min )

Americans are forced into retiring earlier than they imagined, they don’t have an inkling of how much they need to save, nor do they know how many years they might need to finance after they leave the workforce.  ( 33 min )

The state’s retirement fund staff are among the country’s highest-paid state employees.  ( 26 min )

One of France’s biggest banks has told clients to move money out of the eurozone and back Britain.  ( 32 min )

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(Bloomberg) -- Eleven interest-rate hikes by the Federal Reserve have done little to break the gambling fever gripping the US stock market.Most Read from BloombergEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsBoss of Failed Crypto Exchange Gets 11,000-Year SentenceCalifornia Shows an Electric-Car Uprising Headed for the USUS Probes Made-in-China Chip as Tensions Flare Over TechnologyEx-Google CEO Eric Schmidt Scraps $67.6 Million Purchase of Abandoned SuperyachtIn episod  ( 32 min )

More ETFs raised fees than lowered them in the first half of 2023, signaling the days of continually falling ETFs may have ended.  ( 19 min )

"I couldn't keep building someone else's dream," she says.  ( 31 min )

A preliminary $9.5-million settlement has been reached in a class-action lawsuit over the Magic Key program at Disneyland. More than 100,000 people will receive payouts.  ( 31 min )

New research shows that three out of 10 workers who got bigger roles at work wound up leaving within a month. The same wasn’t true for people who stayed in their old roles.  ( 34 min )

Cooling demand for workers could help achieve a soft landing—lower inflation without a recession.  ( 25 min )

(Bloomberg) -- When crude surges above $90 a barrel and the leaders of Saudi Arabia and Russia get on the phone to congratulate each other on a job well done, oil consumers should take note. Most Read from BloombergEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsBoss of Failed Crypto Exchange Gets 11,000-Year SentenceCalifornia Shows an Electric-Car Uprising Headed for the USUS Probes Made-in-China Chip as Tensions Flare Over TechnologyEx-Google CEO Eric Schmidt Scraps $67  ( 35 min )

(Bloomberg) -- Hedge funds are turning ever more negative on the euro ahead of an interest-rate decision by the European Central Bank next week that is proving increasingly difficult to call.Most Read from BloombergBoss of Failed Crypto Exchange Gets 11,000-Year SentenceCalifornia Shows an Electric-Car Uprising Headed for the USEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsUS, EU Agree on Mideast-India Rail and Shipping Corridor at G-20Ex-Google CEO Eric Schmidt Scraps $  ( 33 min )

Preferred stocks—high-yielding hybrids with characteristics of both stocks and bonds—are an attractive alternative to bonds.  ( 23 min )

For a startup company, there aren't too many things more exciting than progressing to the point where it can make an initial public offering (IPO). But seeing the shares surge over 600% in the first day of trading and having the biggest IPO of 2023 might match that excitement. That's what happened to golf club maker Sacks-Parente Golf Inc., which blew the roof off of Wall Street with its August IPO. Don't Miss: Until 2016 it was illegal for retail investors to invest in high-growth startups. Tha  ( 32 min )

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China’s move to limit Apple’s reach is a development that investors have feared for years, signaling that a once-untouchable partner in the country is now ensnared in rising tensions between the world’s two foremost superpowers.  ( 27 min )

Revenues at China's Didi Chuxing rose 52.6% for the April-June quarter from a year earlier to 48.8 billion yuan ($6.65 billion, as the ride-hailing firm emerged from a regulatory crackdown and demand rebounded with the end of strict COVID-19 restrictions. Didi posted a net loss of 300 million yuan, the company said in a statement on Saturday. The company, launched in Beijing in 2012 and backed by prominent investors including Alibaba, Tencent and SoftBank Group, ran afoul of regulators at the powerful Cyberspace Administration of China when it pressed ahead in 2021 with a U.S. stock listing against the regulator's wishes, sources have told Reuters.  ( 31 min )

China's consumer prices returned to positive territory in August while factory-gate price declines slowed, data showed on Saturday, as deflationary pressures eased amid signs of stabilisation in the economy. The consumer price index (CPI) rose 0.1% in August from a year earlier, the National Bureau of Statistics said, slower than the median estimate for a 0.2% increase in a Reuters poll. CPI fell 0.3% year-on-year in July.  ( 30 min )

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(Bloomberg) -- A record stock-market valuation and surging foreign inflows make for a great backdrop as Prime Minister Narendra Modi looks to tout India’s growing prominence to world leaders at this weekend’s Group of 20 summit in New Delhi.Most Read from BloombergBoss of Failed Crypto Exchange Gets 11,000-Year SentenceCalifornia Shows an Electric-Car Uprising Headed for the USEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsUS, EU Agree on Mideast-India Rail and Shipping C  ( 33 min )

Fabrikant van straalmotoren CFM International meldt dat 68 van zijn motoren vervalste onderdelen van het louche Britse bedrijf AOG Technics bevatten. Het gaat om CFM56-motoren die gemonteerd zijn op type vliegtuigen die het grootste deel uitmaken van de mondiale vloot.  ( 4 min )

De A12 is vandaag weer het strijdtoneel van de klimaatactivisten van Extinction Rebellion. Dit soort acties winnen aan populariteit in Nederland, zien experts. Kritisch burgerschap en activisme zitten in de lift. "Er is veel om ontevreden over te zijn."  ( 5 min )

Ondanks de grote populariteit van fatbikes onder dieven, schrikt dat de eerlijke koper niet af, blijkt uit een rondgang van NU.nl onder fietsenwinkels. Wel is de consument bij de aanschaf steeds geïnteresseerder in hoe je de fatbike het best beschermt.  ( 4 min )

Fabrikant van straalmotoren CFM International meldt dat 68 van zijn motoren vervalste onderdelen van het louche Britse bedrijf AOG Technics bevatten. Het gaat om CFM56-motoren die gemonteerd zijn op type vliegtuigen die het grootste deel uitmaken van de mondiale vloot.  ( 4 min )

De Afrikaanse Unie is zaterdag toegetreden als permanent lid van de G20. Dat hebben de G20-landen besloten tijdens een top dit weekend.  ( 5 min )

Premier Narendra Modi van India heeft zaterdag de Afrikaanse Unie gevraagd om permanent lid te worden van de G20.  ( 4 min )

Consider applying for long-term care insurance sooner than you'll need it, possibly in your mid-50s. If you wait too long, premiums can be much higher or you may be denied.  ( 22 min )

CIVETS is an investing acronym for Colombia, Indonesia, Vietnam, Egypt, Turkey, and South Africa, nations seen as rising emerging markets in the late 2000s.  ( 22 min )

You don't need a big deposit to earn one of today's record CD rates. These nation-leading CDs have very low or even no minimum deposit required.  ( 17 min )

Today's best CD rate is 6.00% from American 1 Credit Union, with available jumbo rates of 5.85% from One America Bank and 5.80% from both Finworth and All In Credit Union.  ( 18 min )

Apple (AAPL) shares had a rough week, tumbling almost 6% and dragging down a number of popular ETFs that are heavily exposed to the world's most valuable company.  ( 17 min )

In finance, the term laddering is used in a variety of ways depending on the industry. A common usage relates to bond ladders for retirement income.  ( 24 min )

American household net worth increased in the second quarter of 2023 with stock and real estate assets making gains.  ( 17 min )

U.S. equities rose, with the S&P 500 gaining 0.1% on Sept. 8, 2023 to snap a three-day losing streak, as tech stocks rebounded.  ( 17 min )

An accountant is a certified financial professional who performs functions such as audits or financial statement analysis according to prescribed methods.  ( 21 min )

A Bitcoin ETF is like a mutual fund, but the intent is to track Bitcoin's price and trade on an exchange. Learn about these new types of ETFs.  ( 22 min )

"Agency MBS Purchase" typically refers to the U.S. Federal Reserve's policy of purchasing certain government-backed securities.  ( 21 min )

US equities gained, with the S&P 500 Index gaining 0.1% on Sept. 8, 2023, snapping a three-day losing streak, as concerns about interest rates and US-China tensions eased.  ( 16 min )

Nasdaq Inc. said Friday the Securities and Exchange Commission has given it permission to launch the first-ever exchange AI-powered order type, called Dynamic Midpoint Extended Life Order (M-ELO).  ( 16 min )

Among the IRS’s new initiative, the agency plans to contact about 1,600 taxpayers earning $1 million or more who owe hundreds of millions of dollars in taxes.  ( 18 min )

Find out how the underground or shadow economy can affect the accuracy of the calculation of a country's gross domestic product (GDP).  ( 19 min )

College students’ streaming subscriptions are no exception to the trend of rising prices, as many popular streaming platforms recently lifted prices for their discounted student plans.  ( 18 min )

Block's Square and Cash App payment systems suffered an outage Thursday that left customers unable to access accounts, sending the parent company's stock down more than 5% Friday.  ( 17 min )

Principal is money lent to a borrower or put into an investment. It can also refer to a private company’s owner or the chief participant in a deal.  ( 25 min )

Those TurboTax commercials touting “free free free” tax filing were false false false for most taxpayers, a judge ruled this week.  ( 18 min )

A risk-adjusted return accounts for the riskiness of an investment compared to the risk-free rate of return.  ( 22 min )

If you have exhausted all other avenues, a hardship withdrawal may be worth considering.  ( 28 min )

Social Security retirement benefits are often used to supplement other income in retirement. However, some people live on Social Security alone. Here's how it can work.  ( 25 min )

Reports of a Chinese government ban on Apple's iPhone have sent the stock lower and some of its suppliers are hurting too.  ( 17 min )

Once you’re actually retired, consider these strategies to minimize taxes on your income  ( 25 min )

Annuities and bonds are two choices for investors seeking a steady income in retirement. Explore key differences in risks, costs, potential returns.  ( 25 min )

Other post-employment benefits are benefits other than pensions that employers provide to retired workers. They can include life and health insurance.  ( 23 min )

If you're saving for retirement, you have several strategies to choose from. The best retirement plans are typically tax-advantaged accounts like 401(k)s and IRAs.  ( 31 min )

Vanguard offers brokered CDs through various banks with competitive rates and a wide range of terms. Learn all the details here.  ( 20 min )

Ally Bank CD rates are competitive, and there is no minimum deposit required to open. Several term options, as well as a special no-penalty CD, are available.  ( 20 min )

High-end furnishings retailer RH warned that elevated mortgage rates will crimp the luxury housing market and hurt its sales.  ( 17 min )

As of early September, federal student loan borrowers had resumed making payments at the same level as before the pandemic struck, ahead of the October deadline for required payments to resume.  ( 17 min )

Learn about Chase Bank's CD rates and how they compare to the competition. Make informed decisions and see if you can maximize your returns with Chase Bank's CD options.  ( 19 min )

Joining the heated AI race, Ant Group's LLMs can be used in finance-related services such as wealth management, market analysis, and investor education.  ( 17 min )

A certificate of deposit (CD) can be a great way to secure your savings and grow your finances. Learn what CIT Bank CD Rates are and how you can benefit.  ( 21 min )

CDs can be a great tool for a temporary conservative investment, but rates vary widely. Citibank has a variety of CD options, some with competitive rates.  ( 21 min )

Citizens Bank offers a 14-month certificate of deposit (CD) account with a decent APY. Learn more about its features and how to open a new account.  ( 19 min )

Priced out is a term used to describe buyers who cannot or will not pay the current market price for a good.  ( 23 min )

U.S. equities advanced at midday on Friday, Sept. 8, with the S&P 500 set to snap its 3-day losing streak, as lower bond yields took some pressure off battered tech stocks.  ( 16 min )

First Republic Bank’s CD rates are relatively high, but they have a high minimum balance requirement as well. Learn more and see if First Republic is right for you.  ( 21 min )

Several Federal Reserve officials said the interest rates were high enough at the moment, but unless inflation slowed down even further, more hikes could be needed.  ( 18 min )

DocuSign exceeded profit and sales estimates and boosted its outlook, but warned about macroeconomic pressures. It attributed the positive results to last year's restructuring.  ( 16 min )

Baby Doge is a cryptocurrency token available to trade on decentralized exchanges. Learn how to buy Baby Doge here.  ( 20 min )

After retreating for two weeks, 30-year mortgage rates have roared back over the last three days and have now risen above their 22-year high set in August.  ( 19 min )

An automatic transfer of funds is a standing banking arrangement involving transfers from a customer's account are made on a regular, periodic basis.  ( 21 min )

The federal funds rate is the target interest rate set by the Fed at which commercial banks borrow and lend their extra reserves to one another overnight.  ( 27 min )

Disputes over pay and other conditions led to strikes at Chevron's Australian LNG facilities responsible for over 5% of global supply.  ( 17 min )

Federal direct loans are popular ways to get federal help with college costs. However, they do have some drawbacks, especially for graduate students.  ( 23 min )

Here's a description of a day in the life of a junior financial analyst.  ( 24 min )

The companies will build linguistically diverse generative AI applications for 450 million Reliance Jio Infocomm customers across India amid mounting geopolitical tension between the U.S. and China.  ( 17 min )

Wondering if student loans are amortized? Here's everything you should know about student loans and amortization.  ( 24 min )

The deferment period is an agreed-upon time during which a borrower does not have to pay interest or principal on a loan, such as with a student loan.  ( 22 min )

Monetary policy impacts every asset class, and investors commonly structure their portfolios to benefit from and absorb economic policy changes.  ( 21 min )

Personal loans provide borrowers with an initial lump sum to pay off over time, while credit builder borrowers pay the loan first and receive the money later.  ( 25 min )

The unemployment rate is the percentage of the total labor force that is unemployed but actively seeking employment and willing to work.  ( 32 min )

A mortgage is a type of loan used to buy real estate, while personal loans are similar but aren’t restricted to real estate. Here’s what you need to know about a personal loan vs. a mortgage.  ( 25 min )

While there are plenty of good reasons to take out a personal loan, thanks in large part to their versatility, there are also a few scenarios where it might be a bad idea.  ( 24 min )

The tampon tax refers to the tax imposed on menstrual hygiene products by various national, state, and local governments across the globe, including in the U.S.  ( 22 min )

Global leaders are expected to discuss the war in Ukraine and standards to regulate cryptocurrencies at the 2023 G20 Summit in India.  ( 18 min )

Recessions are a persistent downturn in economic activity. Here we look at the causes and effects of major U.S. recessions since the Great Depression.  ( 32 min )

Consumers with super-prime credit are considered to have excellent credit and pose the least risk to lenders and creditors.  ( 25 min )

A twit pitch is a slang term used to describe a variation of an elevator pitch.  ( 20 min )

Coincheck is a Tokyo-based cryptocurrency exchange and digital wallet founded in 2012.  ( 22 min )

Employees at Chevron’s Australian liquefied natural gas plants go on strike and luxury furniture retailer RH lowered its revenue projections on a slowdown spurred by high mortgage rates. Here’s what investors need to know today.  ( 18 min )

Dental insurance typically doesn't cover cosmetic procedures, including teeth whitening, Learn what is covered and what your options are when paying for whitening.  ( 22 min )

In 2000, the failure to reach a new record high was followed by a 40% drop.  ( 23 min )

WDC sold its Milpitas campus. It has some good reasons for raising cash.  ( 22 min )

China’s order for officials to avoid using IPhones shouldn’t hurt Apple’s stock, says Evercore ISI.  ( 23 min )

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We performed a screening of large-cap ETFs - defined as having Assets Under Management (AUM) over $10 billion - to determine what funds had the largest change in net assets on the week, according to data from etfdb.com. Only non-leveraged funds were considered. Winners Vanguard S&P 500 ETF (NYSEARCA: VOO) VOO added $3.49 billion in net assets over the trailing week. The Vanguard S&P 500 ETF invests in stocks in the S&P 500 Index, representing 500 of the largest U.S. companies. Its goal is to clo  ( 33 min )

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The IRS announced Friday that it is targeting a group of high-income earners and corporations that have failed to pay their taxes in full — including about 1,600 millionaires who owe hundreds of millions of dollars in unpaid taxes. In addition to the high-income individuals, the IRS said it would focus on 75 large business partnerships, which control an average of $10 billion in assets. Those partnerships include hedge funds, real estate investment partnerships and large law firms, all of which  ( 31 min )

Today's best CD rate is 6.00% from American 1 Credit Union, with available jumbo rates of 5.85% from One America Bank and 5.80% from both Finworth and All In Credit Union.  ( 20 min )

The dating app told employees last month they had to work from an office twice a week.  ( 29 min )

Guyana's meteoric rise as a significant oil producer is reshaping global energy markets, challenging OPEC Plus's dominance, and bolstering its economy.  ( 34 min )

Kraft Heinz, Kellogg, General Mills, and other leading snack makers could serve up gains of 20% or more. Their healthy dividends are a plus.  ( 23 min )

Whether or not Ripple violated securities law in making XRP available to retail investors by putting it on crypto exchanges is absolutely a question that needs appeals court intervention, the U.S. Securities and Exchange Commission (SEC) argued Friday.  ( 32 min )

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Just months after leaving the White House in 2021, Jared Kushner secured a $2 billion investment from a Saudi crown prince-led fund, despite objections from the fund’s advisers about the deal. A panel that screens investments for the Saudi sovereign wealth fund expressed concerns about Kushner’s new private equity firm, Affinity Partners. According to The New York Times, they cited issues like the firm’s inexperience, the possibility of the kingdom bearing most of the investment risk, unsatisfac  ( 32 min )

Throughout 2022, consumer staples were a safe haven for investors seeking refuge from market volatility and high inflation.  ( 23 min )

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Apple stock dropped more than 6% over Wednesday and Thursday. Scary, but shares are at support now. That's good for near-term trading.  ( 22 min )

(Bloomberg) -- People on Wall Street have taken potshots at tech stocks all year. Surging valuations and elevated interest rates doom them. Earnings forecasts are a fantasy. Regulators are set to break up their sprawling monopolies. Most Read from BloombergEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsBoss of Failed Crypto Exchange Gets 11,000-Year SentenceCalifornia Shows an Electric-Car Uprising Headed for the USUS Probes Made-in-China Chip as Tensions Flare Over Techn  ( 34 min )

Stocks stepped higher on Friday, with the Nasdaq gaining as Apple's shares recovered from a two-day slump.  ( 32 min )

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Wall Street thinks America's biggest retailer might have the leg up over employees.  ( 32 min )

(Bloomberg) -- Argentina was ordered to pay at least $8.4 billion in damages and $7.6 billion in interest in a US lawsuit over its 2012 re-nationalization of state oil company YPF SA, a sharp blow as the Latin American country’s financial situation has grown increasingly precarious.Most Read from BloombergEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsUS Probes Made-in-China Chip as Tensions Flare Over TechnologyBoss of Failed Crypto Exchange Gets 11,000-Year SentenceHong  ( 32 min )

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RH, which caters to high income shoppers, says the housing market poses a challenging environment for the business.  ( 32 min )

Rampant inflation has been a pressing issue for both the U.S. government and the Federal Reserve. President Biden signed the Inflation Reduction Act into law over a year ago, while the Fed has raised interest rates aggressively to stabilize price levels. But according to Peter Schiff, CEO and chief global strategist at Euro Pacific Capital, these measures have not been effective. “Bidenomics and Fed rate hikes have both failed,” he said in a recent post on X, formerly known as Twitter. Don’t Mis  ( 33 min )

The tech stock rally seen for most of the year has been taking a bit of a breather lately. However, considering the huge strides made by the big tech names in 2023, that hasn’t stopped market prognosticators from pondering whether we are entering an AI-fueled tech bubble. So, are we? Well, not according to Peter Oppenheimer, chief global equity strategist at Goldman Sachs. “Current valuations in the technology sector are not as stretched as in previous bubble periods and the ‘early winners’ that  ( 35 min )

UPS will likely match FedEx’s rate moves unless labor cost pressures force its hand. The post FedEx keeps rate, surcharge increases relatively modest for ’24 appeared first on FreightWaves.  ( 33 min )

The next few days will bring a new iPhone, a federal trial against Google, and the year’s largest IPO—from Arm Holdings.  ( 23 min )

Britain’s two busiest airports have detected the crumbling concrete that triggered a political crisis and forced the closure of hundreds of schools.  ( 55 min )

The United Auto Workers union on Friday rejected wage and benefit offers from all three Detroit automakers, raising tensions just six days before a strike deadline for 146,000 employees. Union President Shawn Fain told workers in a Facebook Live appearance that he filed proposals from Ford, General Motors and Stellantis in a wastebasket. Negotiations are continuing through the weekend, but Fain warned that if there aren't agreements by 11:59 p.m. Thursday “there will be a strike at all three if need be.”  ( 33 min )

Walgreens has agreed to pay $44 million to settle a class-action lawsuit from customers who sued after submitting to faulty blood tests conducted by Theranos.  ( 32 min )

Stocks stepped higher on Friday, with the Nasdaq gaining as Apple's shares recovered from a two-day slump.  ( 32 min )

Retailers, coffee shops and others said they were losing business because they were unable to process credit-card payments.  ( 26 min )

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New York Attorney General Letitia James escalated her civil fraud allegations against former President Donald Trump in a new court filing.  ( 26 min )

Investors in PennyMac’s fixed-to-floating-rate preferred shares probably didn’t expect the REIT to adhere strictly to the contract when Libor ceased to exist.  ( 23 min )

Coca-Cola shares are losing their fizz: The beverage giant's shares are down for an eighth consecutive trading day. If today's decline holds, the stock will notch its longest losing streak since March 2018, according to Dow Jones Market Data. Shares are down about 4% since Aug. 28.  ( 22 min )

(Bloomberg) -- Bank of America rates strategists abandoned their recommendation to be tactically long 10-year Treasury notes, seeing risk that US economic resilience could drive the yield to 4.75%.Most Read from BloombergEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsUS Probes Made-in-China Chip as Tensions Flare Over TechnologyHong Kong to Ease Shutdown After Record Rain Overwhelms CityBoss of Failed Crypto Exchange Gets 11,000-Year SentenceCalifornia Shows an Electric-C  ( 32 min )

After concerns about China sent Apple shares stumbling, some on Wall Street don't think the sell-off was warranted.  ( 33 min )

After concerns about China sent Apple shares stumbling, some on Wall Street don't think the sell-off was warranted.  ( 33 min )

After retreating for two weeks, 30-year mortgage rates have roared back over the last three days and have now risen above their 22-year high set in August.  ( 20 min )

Biocept Inc (NASDAQ: BIOC) shares are trading higher after the company signed a non-exclusive licensing agreement for CNSide with Plus Therapeutics Inc (NASDAQ: PSTV), which expands the comprehensive laboratory services agreement between the two companies that was announced in June 2022. Benzinga exclusively broke the story. Plus Therapeutics is using CNSide in a clinical trial with their targeted radiotherapeutic to treat patients with carcinomas and/or melanomas with suspected leptomeningeal m  ( 31 min )

(Bloomberg) -- Kroger Co. rose the most in six months after agreeing to sell 413 stores to C&S Wholesale Grocers in a divestiture designed to help win antitrust approval for its $24.6 billion merger with Albertsons Cos.Most Read from BloombergHong Kong to Ease Shutdown After Record Rain Overwhelms CityUS Probes Made-in-China Chip as Tensions Flare Over TechnologyApple’s 2-Day Slide Nears $200 Billion on China IPhone CurbsEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsBoss  ( 34 min )

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A House panel has passed a bill that would temporarily expand the standard tax deduction used by the majority of taxpayers by $2,000 per person for the next two years. The Tax Cuts for Working Families Act (H.R.3936) recently approved by … Continue reading → The post Temporary Tax Plan Could Boost Your Standard Deduction By Up to $4,000 appeared first on SmartAsset Blog.  ( 32 min )

Grocers Kroger and Albertsons are selling more than 400 stores and other assets to C&S Wholesale Grocers in an approximately $1.9 billion deal as part of their efforts to complete their merger. Kroger will also divest the Debi Lilly Design, Primo Taglio, Open Nature, ReadyMeals and Waterfront Bistro private label brands. Kroger and Albertsons agreed to merge in October.  ( 32 min )

Shares of VinFast fell early Friday, extending some of the steep losses seen since a run-up that made the EV company one of the world's most highly valued automakers. VinFast stock was recently down about 3%. It closed Thursday at $17.99, off substantially from its high just above $82 on Aug. 28.  ( 23 min )

Adobe upgraded, DigitalOcean double downgraded: Wall Street's top analyst calls  ( 34 min )

The best investors will often tell you that one vital ingredient for stock market success is an overlooked and underappreciated one: patience. With this year’s bull market appearing to stall, billionaire stock picker Ken Fisher reminds investors that it’s a quality needed to weather the more difficult periods, which are also a natural component of any bull market. “Volatility isn’t a flaw in this bull market. It is a feature of all bull markets, which proverbially climb a ‘Wall of Worry,’” the F  ( 35 min )

Kroger incurred a $1.4 billion charge related to a nationwide opioid settlement in the latest quarter and said it would divest hundreds of stores as it seeks approval for its merger with Albertsons.  ( 25 min )

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(Bloomberg) -- Private credit lenders are just getting started in the world of consumer and asset based finance, according to Rob Camacho, Blackstone Inc.’s co-head of asset based finance within the firm’s Structured Finance Group.“Today, we are a very small portion of the whole asset based finance market,” he said in an interview. “There’s a lot of room to run.”Camacho spoke over a series of interviews that ended on Sept. 6. Here are some highlights of the conversation, which have been condense  ( 34 min )

The euro has broken down during the course of the week, as traders have come back from the holiday season and made a statement.  ( 32 min )

RBC analyst Chris Dendrinos launches coverage of ChargePoint stock with a Buy rating and a $9 price target.  ( 23 min )

🔎 Apple (AAPL): The tech giant's stock held broadly steady premarket, after the company shed nearly $190 billion in market value over the past two days. [The Wall Street Journal reported](https://www.wsj.com/world/china/china-bans-iphone-use-fo  ( 23 min )

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Some questions still remain: Where will the business be headquartered? What is the state doing to keep it here? How is current litigation impacting the spinoff?  ( 20 min )

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Stocks stepped higher on Friday, with the Nasdaq gaining as Apple's shares recovered from a two-day slump.  ( 33 min )

Stock futures inched down on Friday, with those on the Nasdaq 100 pointing lower even as Apple's slump took a breather.  ( 33 min )

Apple shares were inching up Friday after worries about a ban on iPhone use by Chinese government officials hit the stock. Wall Street analysts are assessing the likely direction for the rest of the year.  ( 23 min )

ICE's Jeff Sprecher is crusading to modernize the painfully slow home loan loop that typically takes around two months and costs about $8,000.  ( 35 min )

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Apple lost $200 billion in value following reports that Beijing may limit iPhone use in government departments and state-owned enterprises.  ( 34 min )

We see no reason to alter our view that the attractive valuations of our portfolio holdings will continue to provide handsome returns over our multi-year holding period, explains John Buckingham, editor of The Prudent Speculator.  ( 32 min )

After the Chinese government curbed iPhone usage among government staff, the company's stock took a hit. But it might be only the beginning.  ( 33 min )

Stronger-than-expected services activity and a fall in weekly jobless claims have rekindled fears of elevated interest rates among market participants, dragging the S&P 500 and Nasdaq lower on Thursday. On the radar is Consumer Price Index for August due on Sept. 13, which will be followed by the Federal Reserve's policy decision on Sept. 20. "While our base case is for no further hikes in this cycle, we expect economic uncertainty to keep equity markets volatile and range-bound in the coming months," said Mark Haefele, chief investment officer at UBS Global Wealth Management.  ( 32 min )

FASB accounting rule changes should help companies that hold digital assets to eliminate the poor optics that have been created by impairment losses, the report said.  ( 32 min )

China's passenger vehicle sales jumped 2.2% in August from a year earlier, data from the China Passenger Car Association (CPCA) showed on Friday. Car sales totalled 1.94 million units last month. Sales were up 1.8% at 13.38 million units in the first eight months of the year.  ( 30 min )

Stocks with steadily growing payouts have trailed the market as investor have flocked to growth shares and locked in higher bond yields.  ( 23 min )

Walgreens shares have lost two-thirds of their value over the past five years. The problems are wide-ranging.  ( 23 min )

(Bloomberg) -- The offshore yuan weakened toward its lowest on record against the dollar, as a cut to the daily reference rate for the managed currency stoked bets China is comfortable with a gradual depreciation.Most Read from BloombergApple’s 2-Day Slide Nears $200 Billion on China IPhone CurbsTrudeau Says There’s No Room for Political Rapprochement With ChinaChina Seeks to Broaden iPhone Ban to State Firms, AgenciesTraders Shun Risk Amid Apple’s $190 Billion Rout: Markets WrapSoaring US Dolla  ( 31 min )

The general public does not know this yet, but there is no longer any doubt that a Bitcoin spot ETF will come to the US market, writes Charlie McGlynn of XREX. It's just a matter of when.  ( 35 min )

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Shares in Taiwan's TSMC, a major Apple supplier, dropped around 1% on opening on Friday after reports that China has widened curbs on iPhone use by state employees. The broader index was down around 0.4%.  ( 31 min )

Bitcoin rose Friday morning in Asia to above US$26,000, leading a rally across most top 10 cryptos. Ether gained but was still below US$1,650.  ( 32 min )

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US equities gained, with the S&P 500 Index gaining 0.1% on Sept. 8, 2023, snapping a three-day losing streak, as concerns about interest rates and US-China tensions eased.  ( 1 min )

Block's Square and Cash App payment systems suffered an outage Thursday that left customers unable to access accounts, sending the parent company's stock down more than 5% Friday.  ( 1 min )

Nasdaq Inc. said Friday the Securities and Exchange Commission has given it permission to launch the first-ever exchange AI-powered order type, called Dynamic Midpoint Extended Life Order (M-ELO).  ( 1 min )

Apple (AAPL) shares had a rough week, tumbling almost 6% and dragging down a number of popular ETFs that are heavily exposed to the world's most valuable company.  ( 1 min )

U.S. equities rose, with the S&P 500 gaining 0.1% on Sept. 8, 2023 to snap a three-day losing streak, as tech stocks rebounded.  ( 1 min )

U.S. equities advanced at midday on Friday, Sept. 8, with the S&P 500 set to snap its 3-day losing streak, as lower bond yields took some pressure off battered tech stocks.  ( 1 min )

Employees at Chevron’s Australian liquefied natural gas plants go on strike and luxury furniture retailer RH lowered its revenue projections on a slowdown spurred by high mortgage rates. Here’s what investors need to know today.  ( 1 min )

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Reports of a Chinese government ban on Apple's iPhone have sent the stock lower and some of its suppliers are hurting too.  ( 1 min )

Joining the heated AI race, Ant Group's LLMs can be used in finance-related services such as wealth management, market analysis, and investor education.  ( 1 min )

High-end furnishings retailer RH warned that elevated mortgage rates will crimp the luxury housing market and hurt its sales.  ( 1 min )

Disputes over pay and other conditions led to strikes at Chevron's Australian LNG facilities responsible for over 5% of global supply.  ( 1 min )

Fabrikant van straalmotoren CFM International meldt dat 68 van zijn motoren vervalste onderdelen van het louche Britse bedrijf AOG Technics bevatten. Het gaat om CFM56-motoren die gemonteerd zijn op type vliegtuigen die het grootste deel uitmaken van de mondiale vloot.  ( 4 min )

Op de Londense luchthavens Heathrow en Gatwick is hetzelfde soort beton aangetroffen waardoor eerder ruim honderd Britse scholen moesten sluiten. Dat gebeurde uit vrees voor de veiligheid. Het lichte RAAC-beton blijkt namelijk minder lang mee te gaan dan gedacht.  ( 4 min )

Barclays bereidt zich voor om volgende week honderden banen te schrappen om kosten te besparen. Dat melden ingewijden aan persbureau Bloomberg. Het zou onder meer gaan om ongeveer 5 procent van het personeel dat zich met klanten bezighoudt binnen de handelstak van de Britse bank.  ( 3 min )

Schiphol test een apparaat uit dat ultrafijnstof uit de lucht moet halen, schrijft Het Parool. De luchthaven zegt naar schonere lucht te streven, zodat werknemers gezond hun werk kunnen doen.  ( 4 min )

Met een investering van 500 miljoen euro wordt de Nederlandse Staat aandeelhouder van netwerkbedrijf Stedin. Dat moet de energiezekerheid ten goede komen.  ( 3 min )

De Belastingdienst moet de werkelijke opbrengst belasten van bijvoorbeeld spaargeld, beleggingen en vakantiehuizen. Dat staat in een voorstel van demissionair staatssecretaris Marnix van Rij (Fiscale Zaken) om op een andere manier belasting te heffen op vermogen.  ( 4 min )

Big Bazar wil zijn Belgische tak verkopen en zo geld binnenhalen om te kunnen garanderen dat de positie van schuldeisers komende weken niet verslechtert. Op die manier hoopt de koopjesketen de rechter zover te krijgen dat die extra tijd geeft om een dreigend faillissement te voorkomen.  ( 4 min )

De term 'fossiele subsidies' duikt de laatste tijd weer regelmatig op. Maar wat hebben miljarden aan misgelopen staatsinkomsten en een A12-blokkade van Extinction Rebellion met elkaar te maken? We zetten de belangrijkste informatie voor je op een rij.  ( 6 min )

Er moeten veel meer inzamelpunten komen voor statiegeldblikjes en -flesjes, vindt staatssecretaris Vivianne Heijnen van Milieu. Ze is teleurgesteld over het aantal verpakkingen dat nu wordt ingenomen.  ( 4 min )

Handelsprijzen voor basisvoedsel zoals graan, zuivel en vlees daalden in augustus naar het laagste punt sinds maart 2021. Dit komt onder meer door gunstige oogsten. De daling kan voordelig uitpakken voor de prijs van onze boodschappen.  ( 4 min )

Het aanvragen van een bouwvergunning kost in de ene gemeente soms wel 10.000 euro meer dan in de andere. De Vereniging Eigen Huis (VEH) stoort zich aan het grote verschil.  ( 4 min )

Techgigant Apple is op de beurs in twee dagen tijd 190 miljard dollar (177 miljard euro) minder waard geworden. De daling komt door berichten dat Chinese ambtenaren geen gebruik meer mogen maken van iPhones.  ( 3 min )

Op NU.nl vind je elke dag een stelling die bij het nieuws past. Frankrijk introduceert net als Duitsland een ov-kaart voor een vast bedrag per maand. Reizigers kunnen vanaf volgende zomer voor ongeveer 50 euro een pas kopen waarmee ze een maand lang met de trein kunnen reizen. Vandaag is daarom de stelling: Met een goedkoper ov-abonnement pak ik minder snel de auto. Breng je stem uit en discussieer mee.  ( 2 min )

Nu de vakantie voorbij is stromen de snelwegen weer vol met auto's. Vooral op dinsdag- en donderdagochtend staat Nederland vast. Waarom doen we dat onszelf aan?  ( 6 min )

Nu de vakantie voorbij is stromen de snelwegen weer vol met auto's. Vooral op dinsdag- en donderdagochtend staat Nederland vast. Waarom doen we dat onszelf aan?  ( 6 min )

General Motors and Ford on Thursday increased their wage offers to the United Auto Workers (UAW) as the carmakers and Chrysler parent Stellantis attempt to reach an agreement with the union before a Sept. 14 deadline.  ( 1 min )

Shares of C3.ai tumbled on Thursday after the enterprise AI application software maker warned it won’t turn profitable as quickly as anticipated as it spends more on the booming technology.  ( 1 min )

Cementos Argos, Summit Materials $3.2 billion combination to create one of the biggest US suppliers of cement and ready-mix.  ( 1 min )

The chargers will make use of Tesla's recently launched Universal Wall Connectors, which are compatible with the vast majority of electric vehicles (EVs) on the market today.  ( 1 min )

Shares of ChargePoint plummeted to an all-time low as the provider of charging stations for electric vehicles reported worse-than-expected results and announced a restructuring.  ( 1 min )

China's iPhone ban for government officials probably will have little impact on Apple, as the banned devices are a fraction of expected sales there in the next year.  ( 1 min )

Australia's securities regulator is suing PayPal for a contract term that it says is unfair to small businesses.  ( 1 min )

US equities fell, with the S&P 500 Index slipping 0.3% on Sept. 7, 2023, its third straight decline, on concerns about rate hikes, pressure on tech companies from China.  ( 1 min )

Markets were mixed at midday on Thursday, Sept. 7, 2023, as tech stocks slumped, dragged down by shares of Apple as China cracks down on iPhone use by government workers.  ( 1 min )

Apple shares fell after China banned iPhone use for government employees and GameStop shares jumped after the meme stock narrowed its losses on cost-cutting measures. Here’s what investors need to know today.  ( 1 min )

When BMW started charging an $18 per month subscription for heated seats in 2022, the backlash was swift and brutal. Customers banded together, urging others not to encourage this type of behavior from automakers, lest it open the door to more perceived avariciousness. Customers complained that a subscription for a hardware feature only makes sense if the upfront cost is small or nonexistent -- not when someone has already spent around $50,000 on a luxury car.  ( 31 min )

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The stock dropped below its IPO price for the first time Thursday. The litigation is at an early stage but seems to be worrying Wall Street.  ( 23 min )

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Shares of the movie theater firm have fallen 98% from their meme-stock highs of 2021.  ( 23 min )

Shares of the EV company fell almost 27% on Thursday, marking a seventh straight session of losses.  ( 23 min )

Chris Winfrey says he’s ready to call it quits on live sports entirely, charging that Disney let its own house “burn to the ground.”  ( 33 min )

Today's best CD rate is 6.00% from American 1 Credit Union, with available jumbo rates of 5.85% from One America Bank and 5.80% from both Finworth and All In Credit Union.  ( 20 min )

Dividend investing has always been popular, and for good reason. Dividend stocks offer a wide range of advantages for return-minded investors, but two of the most significant are a reliable income stream and an inflation-beating yield. Taken together, these advantages can form the base of a truly sound portfolio. The majority of dividend stocks pay out on a quarterly basis, but turning towards those with a monthly payment schedule allows investors to better plan their income streams to meet thei  ( 35 min )

General Motors and Ford on Thursday increased their wage offers to the United Auto Workers (UAW) as the carmakers and Chrysler parent Stellantis attempt to reach an agreement with the union before a Sept. 14 deadline.  ( 19 min )

(Bloomberg) -- Brookfield Asset Management Ltd. is exploring the sale of Atlantis Paradise Island Bahamas, and could fetch roughly $2.5 billion for the luxury resort, according to people with knowledge of the matter.Most Read from BloombergHong Kong Shuts Down City After Heaviest Rainfall On RecordApple’s 2-Day Slide Nears $200 Billion on China IPhone CurbsTrudeau Says There’s No Room for Political Rapprochement With ChinaChina Seeks to Broaden iPhone Ban to State Firms, Agencies‘Blame the Boome  ( 32 min )

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(Bloomberg) -- One of Wall Street’s biggest stock-market pessimists dialed back his bearish forecast for the S&P 500 Index.Most Read from BloombergApple’s 2-Day Slide Nears $200 Billion on China IPhone CurbsTrudeau Says There’s No Room for Political Rapprochement With ChinaChina Seeks to Broaden iPhone Ban to State Firms, AgenciesHong Kong Shuts Down City After Heaviest Rainfall On Record‘Blame the Boomers’ for Surging House Prices, Barclays SaysGreg Boutle, head of US equity and derivative stra  ( 32 min )

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Bud Light’s marketing blunder is changing the beer industry landscape. According to “Shark Tank” star Kevin O’Leary, the impact is so unprecedented that he’s pumped to teach the case to business school students. “It’s such an incredible story that it’s becoming what’s called a chestnut case in business schools,” O’Leary said in a recent interview with Fox Business. “Beer is a commodity, the only thing of value is the brand you spent hundreds of millions creating and then to actually lose 25% mar  ( 34 min )

CFO Amy Hood also said that the Microsoft 365 copilot software is off to a strong start.  ( 22 min )

In the U.S., the full retirement age for Social Security benefits has been incrementally adjusted based on a person's birth year, now reaching 67 for those born in 1960 or later. But many people continue to work well beyond this age. According to data from the U.S. Census Bureau, about 650,000 Americans older than 80 were working last year, representing an 18% increase compared to a decade ago. Nearly 50% of those 650,000 Americans worked full time. Don't Miss: This REIT just teamed up with the  ( 33 min )

After ripping through June, AI stocks haven't bounced much during quarterly earnings to end the summer.  ( 33 min )

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T-Mobile CEO Mike Sievert came out swinging against rivals AT&T and Verizon as the company joins them in offering a dividend.  ( 33 min )

Shares of ChargePoint plummeted to an all-time low as the provider of charging stations for electric vehicles reported worse-than-expected results and announced a restructuring.  ( 18 min )

General Motors said Thursday it has offered workers a 10% wage hike and two additional 3% annual lump sum payments in its offer to the United Auto Workers union ahead of the Sept. contract expiration. The Detroit automaker said the wage hike is the largest proposed since 1999.  ( 30 min )

Comcast and Disney agreed to speed up the timeline for the streaming service the jointly own.  ( 33 min )

Covid is back in the headlines again. Turns out first lady Jill Biden has tested positive for Covid-19, albeit suffering only from “mild symptoms.” Meanwhile, President Joe Biden’s test results have come back as negative. But it’s not only at the White House where the coronavirus is making an unwelcome return. On the back of an upward curve that started toward the end of July, over the past week, Covid hospitalizations have witnessed a 16% uptick in the US. The spike comes against a backdrop of  ( 35 min )

Here is what experts say is behind inflated car insurance prices and what you can do to save money without sacrificing thorough coverage on your vehicles.  ( 33 min )

Eli Lilly and Denmark's Novo Nordisk are expected to roughly split the market for weight-loss drugs, both as diabetes and obesity treatments.  ( 23 min )

UiPath shares surged after the company reported rising revenue and boosted its full-year outlook as demand for its artificial intelligence software jumped.  ( 17 min )

The FDIC released its quarterly look at the banking industry, showing that deposits dropped again in the second quarter and a key measure of profitability tightened.  ( 32 min )

According to documents reviewed by the Journal, the retail bellwether changed its wage structure for hourly workers in mid-July. The change in pay structure allows workers to move between work groups such as food, registers, stocking or digital fulfillment without pay impacts, the report added, citing the documents given to some store workers. Walmart did not immediately respond to a Reuters request for comment.  ( 31 min )

Stocks were lower on Thursday amid building signs the US economy could be running hot.  ( 32 min )

AT&T CEO John Stankey reacted to the company's stock price with Yahoo Finance Live.  ( 33 min )

Since early last year, for some 18 months now, the Federal Reserve has increased interest rates from near-zero to more than 5.5%. The move has tightened access to both capital and credit, effectively reducing the money supply – the classic response to persistent high inflation. Their efforts have borne some fruit, as the pace of inflation has slowed, in just over a year, from over 9% annually to 3.2% in the most recent data. The dramatic shift from more than a decade of loose money and low rates  ( 35 min )

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The recent trend of sagging share prices for market leaders is extending into Thursday morning, and it’s not just Apple. The PHLX Semiconductor Sector index dropped 3% shortly after the opening bell, while individual chip stocks are prominent among S&P 500 laggards. Nvidia recently fell 3.3% Q  ( 22 min )

Dell downgraded to Sell, McDonald's upgraded: Wall Street's top analyst calls  ( 33 min )

The stock has been hit by concerns over a ban on iPhone use by Chinese government officials. Analysts are weighing in on what comes next.  ( 23 min )

Stocks were lower on Thursday amid building signs the US economy could be running hot.  ( 32 min )

Wednesday evening, ChargePoint reported a per-share loss of 24 cents from $150.5 million in sales. Wall Street was looking for a 13-cent loss and about $153 million in sales.  ( 22 min )

Apple suppliers and companies with large China exposure including Broadcom, Qualcomm and Texas Instruments fell between 1.2% and 2.8%. The iPhone maker's drop also pulled down the three main U.S. stock indexes. Reuters reported earlier in the day that Beijing told employees at some central government agencies in recent weeks to stop using their Apple mobiles at work.  ( 32 min )

AMC Entertainment shares were down around 4% in premarket trading, falling further after closing at a record low Wednesday. The movie theater  ( 22 min )

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Ford Motor Co said about 8,000 U.S. workers represented by the United Auto Workers union will get an average $4.33 an hour in additional pay under provisions of the current contract agreed in 2019. Ford announced the pay increases as talks with the UAW for a new contract are headed for a Sept. 14 strike deadline. The union has rejected Ford's recent wage increase proposals as inadequate.  ( 31 min )

The company sees a bright future manufacturing low-power chips.  ( 32 min )

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(Bloomberg) -- Apple Inc. shares tumbled in premarket trading Thursday, on track to wipe out $194 billion of market value in just two days, as China plans to expand a ban on the use of iPhones to government-backed agencies and state companies. Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackStocks Retreat After Hot ISM Fuels Fe  ( 32 min )

Wednesday evening, ChargePoint reported a per-share loss of 24 cents from $150.5 million in sales. Wall Street was looking for a 13-cent loss and about $153 million in sales.  ( 22 min )

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Stock futures pointed lower on Thursday amid building signs the US economy could be running hot.  ( 32 min )

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(Bloomberg) -- Not even the cheapest valuation since the Covid-19 pandemic is tempting investors to buy Walt Disney Co. shares.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackStocks Retreat After Hot ISM Fuels Fed-Hike Wagers: Markets WrapImprisoned Billionaire’s Wealth Soars on 919% EV Stock RallyLosses in its online video bus  ( 33 min )

There is more happening in tech land than surging interest in AI, Nvidia envy, and the return of high valuations.  ( 33 min )

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Stocks have slumped to start September, but the strategy team at BMO Capital Markets sees potential double-digit gains for the S&P 500 through the rest of the year.  ( 34 min )

Even with generous green subsidies, offshore wind projects are being called off as developers struggle to make a profit.  ( 26 min )

UiPath's quarterly revenue beats expectations but Wall Street analysts are still concerned about how artificial intelligence will affect the automation market.  ( 23 min )

C3.ai withdraws its forecast that it would reach profitability on an adjusted basis by the end of fiscal 2024, GameStop reports a narrower-than-expected adjusted second-quarter loss, and UiPath's adjusted earnings beat analysts' estimates.  ( 32 min )

With NFL and college football season just around the corner, Spectrum subscribers may look for new ways to cheer for their favorite teams.  ( 22 min )

(Bloomberg) -- Shares in Asia were broadly lower Thursday while the dollar strengthened further against major currencies as investors increased bets for further Federal Reserve policy tightening.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataStocks Retreat After Hot ISM Fuels Fed-Hike Wagers: Markets WrapSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackTexas Teeters on Edge  ( 34 min )

In a sector bursting with bargains, Avista—down more than 25% this year—is particularly cheap. It trades for about 13.7 times earnings, its lowest multiple in more than 10 years.  ( 22 min )

The maker of inverters is fast becoming a supplier of full-home energy management.  ( 22 min )

(Bloomberg) -- China plans to expand a ban on the use of iPhones in sensitive departments to government-backed agencies and state companies, a sign of growing challenges for Apple Inc. in its biggest foreign market and global production base.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataStocks Retreat After Hot ISM Fuels Fed-Hike Wagers: Markets WrapSoaring US Dollar Raises Alarm as China, J  ( 33 min )

(Bloomberg) -- In scorching summer heat, Renier Swiegers marches through the desert toward a drilling rig. He’s not looking for oil, the dynamo of Saudi Arabia’s economy the past 80 years, though. It’s another potential source of wealth and influence the kingdom now has its eye on.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataStocks Retreat After Hot ISM Fuels Fed-Hike Wagers: Markets WrapSo  ( 37 min )

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Wie een huis huurt in de vrije sector betaalt gemiddeld 4,5 procent meer dan een jaar geleden. Bij sociale huur waren de verhogingen minder sterk.  ( 4 min )

Philips heeft in de Verenigde Staten een schikking getroffen met klanten die gebruik hebben gemaakt van defecte slaapapneuapparaten. Het concern maakte eerder dit jaar al 575 miljoen euro vrij voor deze schadevergoedingen.  ( 3 min )

Onder het grondpersoneel van KLM heerst flinke onrust. De luchtvaartmaatschappij wil namelijk niet ingaan op de looneis van 14,3 procent.  ( 3 min )

Philips heeft in de Verenigde Staten een schikking getroffen met klanten die gebruik hebben gemaakt van defecte slaapapneu-apparaten. Het concern maakte eerder dit jaar al 575 miljoen euro vrij voor deze schadevergoedingen.  ( 3 min )

Frankrijk voert net als Duitsland een ov-kaart in voor een vast bedrag per maand. Reizigers kunnen vanaf volgende zomer voor ongeveer 50 euro een pas kopen waarmee ze een maand lang met de trein kunnen reizen.  ( 3 min )

De opening van Lelystad Airport voor passagiersvluchten wordt opnieuw uitgesteld. Minister Mark Harbers (Infrastructuur) wilde waarschijnlijk volgend jaar een besluit nemen, maar dat is niet meer aan de orde.  ( 3 min )

Sommige energieleveranciers bieden nog steeds vaste contracten aan met tarieven boven het prijsplafond. Toezichthouder ACM waarschuwt consumenten dan ook om er rekening mee te houden dat het prijsplafond op 1 januari verdwijnt.  ( 3 min )

We stappen iets minder snel over naar een nieuwe baan vanwege de economische onzekerheid in ons land. Ook is de groei van het aantal zzp'ers de laatste tijd afgevlakt.  ( 5 min )

Japan heeft een raket gelanceerd met een telescoop die onderzoek gaat doen naar het ontstaan van het universum. Het Nederlandse ruimte-instituut SRON heeft daaraan meegewerkt. Ook wil Japan een maanlander naar het maanoppervlak brengen.  ( 4 min )

De Amerikaanse regering heeft een aantal vergunningen voor het boren naar olie en gas in de staat Alaska ingetrokken. Het gaat om vergunningen die de vorige president Donald Trump op de laatste dag van zijn termijn had afgegeven.  ( 3 min )

Japan heeft een raket gelanceerd met een telescoop die onderzoek gaat doen naar het ontstaan van het universum. Het Nederlandse ruimte-instituut SRON heeft daaraan meegewerkt. Ook wil Japan een maanlander naar het maanoppervlak brengen.  ( 4 min )

Japan heeft een raket gelanceerd met een telescoop die onderzoek gaat doen naar het ontstaan van het universum. Het Nederlandse ruimte-instituut SRON heeft daaraan meegewerkt. Ook wil Japan een maanlander naar het maanoppervlak brengen.  ( 4 min )

Slechts 1,1 procent van de koophuizen is bereikbaar voor alleenstaande starters met een modaal inkomen. Dat is net zo weinig als vorig jaar. Voor tweeverdieners is de situatie wel verbeterd.  ( 5 min )

We stappen iets minder snel over naar een nieuwe baan vanwege de economische onzekerheid in ons land. Ook is de groei van het aantal zzp'ers de laatste tijd afgevlakt.  ( 5 min )

De lonen in nieuwe cao's zijn in augustus 7,4 procent gestegen. Dat is historisch gezien nog steeds erg hoog, maar de piek van 8 procent die in juni werd bereikt lijkt daarmee voorbij.  ( 4 min )

Door de hoge stroomprijzen gaan mensen met elektrische auto's steeds meer op zoek naar manieren om de laadkosten te drukken. Dat staat in het jaarlijkse Nationaal Laadonderzoek, uitgevoerd door Rijksuniversiteit Groningen.  ( 4 min )

The sunk cost dilemma describes the decision of whether to stick with a project you've invested in that has not yet achieved desired results.  ( 19 min )

If your goals include a big paycheck and working for a Wall Street firm, then you need to learn how to meet employers' expectations.  ( 19 min )

Today's best CD rate is 6.00% from American 1 Credit Union, with available jumbo rates of 5.85% from One America Bank and 5.80% from both Finworth and All In Credit Union.  ( 19 min )

Most of those who don't believe they will ever be able to own cited a lack of affordability as the reason, with about half saying high home prices are keeping them from buying.  ( 17 min )

General Motors and Ford on Thursday increased their wage offers to the United Auto Workers (UAW) as the carmakers and Chrysler parent Stellantis attempt to reach an agreement with the union before a Sept. 14 deadline.  ( 18 min )

US equities fell, with the S&P 500 Index slipping 0.3% on Sept. 7, 2023, its third straight decline, on concerns about rate hikes, pressure on tech companies from China.  ( 16 min )

Investopedia and NY1 are teaming up on a series of biweekly updates tracking the health of New York City’s economy, highlighting the best and worst-performing areas of New York's housing, tourism, leisure and hospitality metrics.  ( 20 min )

Shares of C3.ai tumbled on Thursday after the enterprise AI application software maker warned it won’t turn profitable as quickly as anticipated as it spends more on the booming technology.  ( 17 min )

Investopedia and NY1 are teaming up on a series of biweekly updates tracking the health of New York City’s economy, highlighting the best and worst-performing areas of New York's housing, tourism, leisure and hospitality metrics.  ( 19 min )

Microtransactions have changed the economics of video games by making it possible for gaming companies to generate massive added revenue as games are played.  ( 24 min )

Cementos Argos, Summit Materials $3.2 billion combination to create one of the biggest US suppliers of cement and ready-mix.  ( 17 min )

If you're a brokerage or robo-advisor customer, you may be able to earn a high rate on your uninvested cash. But you can likely earn more with a high-yield savings account.  ( 18 min )

The traveler's dilemma demonstrates the paradox of rationality—that making decisions illogically often produces a better payoff in game theory.  ( 19 min )

Balance transfers and personal loans can help improve your finances, but they are different products. A balance transfer focuses on moving your debt from one creditor to another, usually for a lower interest rate, while a personal loan is a new debt.  ( 25 min )

Life insurance is a contract in which an insurer, in exchange for a premium, guarantees payment to an insured’s beneficiaries when the insured dies.  ( 39 min )

Deposits at FDIC-insured banks were down for the fifth straight quarter, while net income fell by double digits, the FDIC's latest Quarterly Banking Profile showed.  ( 17 min )

Fourth World is an outdated term that refers to the most underdeveloped, poverty-stricken, and marginalized regions and populations of the world.  ( 19 min )

The Reserve Bank of India (RBI) prints and manages currency in India, whereas the Indian government regulates what denominations to circulate.  ( 19 min )

See a full overview of PNC savings account interest rates. Compare PNC Bank to top competitors and find the right savings account for your financial needs.  ( 22 min )

After a two-week dip, 30-year mortgage rates have surged back to their priciest level since 2001. Rates rose for most other loan types as well, while a few averages were flat.  ( 18 min )

The chargers will make use of Tesla's recently launched Universal Wall Connectors, which are compatible with the vast majority of electric vehicles (EVs) on the market today.  ( 17 min )

USAA Bank offers many competitive CD options that consumers can choose from to fit their financial goals. Find out if USAA Bank CDs are right for you.  ( 20 min )

A floating exchange rate is a regime where a nation's currency is set by the forex market through supply and demand. The currency rises or falls freely.  ( 25 min )

CDs can be a great way to get a fixed guaranteed return on your investment. See if State Farm’s CDs—offered through U.S. Bank—make sense for you and your money.  ( 25 min )

Apple Bank offers a variety of CDs with rates that beat the national average, but fall short of the leading issuers. Learn more about Apple Bank’s certificates of deposit.  ( 20 min )

The State Employees’ Credit Union (SECU) is a nonprofit financial institution owned by employees of the State of North Carolina.  ( 21 min )

Markets were mixed at midday on Thursday, Sept. 7, 2023, as tech stocks slumped, dragged down by shares of Apple as China cracks down on iPhone use by government workers.  ( 16 min )

Business owners are optimistic about the future of their business despite predictions of recession, according to PNC semi-annual survey.  ( 17 min )

Shares of ChargePoint plummeted to an all-time low as the provider of charging stations for electric vehicles reported worse-than-expected results and announced a restructuring.  ( 17 min )

China's iPhone ban for government officials probably will have little impact on Apple, as the banned devices are a fraction of expected sales there in the next year.  ( 17 min )

Deflation is a macroeconomic term that refers to decreasing prices. For investors, deflation can mean dropping investment values and a preference for cash.  ( 22 min )

Capital One offers a solid certificate of deposit (CD) account, with a variety of term lengths, good rates, and no minimum deposit required.  ( 20 min )

UiPath shares surged after the company reported rising revenue and boosted its full-year outlook as demand for its artificial intelligence software jumped.  ( 17 min )

GameStop posted a narrower-than-expected loss for the quarter that ended in July thanks to strong demand for video games and growth in digital sales, amid a turnaround effort after a leadership shakeup this summer.  ( 19 min )

Australia's securities regulator is suing PayPal for a contract term that it says is unfair to small businesses.  ( 17 min )

From the end of World War II until around 1971, all countries in the IMF pegged their currencies to the U.S. dollar. Today, many still do.  ( 22 min )

A recapture provision is a clause that permits the ceding party in a contract to take back some or all of the risk originally ceded to a reinsurer.  ( 21 min )

Learn techniques for emphasizing your CFA Level I status in the Skills and Certifications or Professional Development section of your resume.  ( 20 min )

Forex (FX) is the market for trading international currencies. The name is a portmanteau of the words foreign and exchange.  ( 28 min )

The general consensus in economic theory is that deflation is bad for the economy. But for a period of around five years, the Swiss economy grew despite a drop in the price of consumer goods and services.  ( 21 min )

Apple shares fell after China banned iPhone use for government employees and GameStop shares jumped after the meme stock narrowed its losses on cost-cutting measures. Here’s what investors need to know today.  ( 18 min )

A morning star is a bullish candlestick pattern in a price chart. It consists of three candles and is generally seen as a sign of a potential recovery following a downtrend.  ( 23 min )

90/10 is an investment strategy proposed by Warren Buffett that deploys 90% of investment capital to S&P index funds and 10% to lower-risk investments.  ( 25 min )

Catastrophic health insurance is medical coverage open to people under 30 and adults of any age who have a government-approved general hardship exemption.  ( 20 min )

Take a brief look at some of the major arguments for and against balancing the budget and high debt levels for the U.S., the largest debtor in the world.  ( 24 min )

A bond's yield to maturity is the total interest it will earn, while its spot rate is the price it is worth at any given time in the bond markets. Here's why a bond's spot rate fluctuates even though its interest rate is set.  ( 21 min )

Markets are down today, and a series of related factors is exerting pressure. First, investors are concerned about a possible resurgence in the rate of inflation, which is directly linked to the second fear. This fear arises from rising oil prices, driven by the Russian-Saudi agreement to extend their oil production cuts until December of this year. Finally, with oil prices approaching $90 per barrel, the cost of gasoline is rising in the US markets, even though the summer driving season has com  ( 35 min )

(Bloomberg) -- For Dhiraj Bajaj, the sudden twists and turns were unlike any he'd ever seen in his two decade investing career.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderStocks Retreat After Hot ISM Fuels Fed-Hike Wagers: Markets WrapFed Set to Double Its Economic Growth Forecast After Strong US DataSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsFirst, Dalian Wanda G  ( 36 min )

(Bloomberg) -- John Paulson was sued by his longtime business partner in Puerto Rico, who alleges the hedge fund billionaire made fraudulent claims to convince him to invest $17 million in a luxury automobile dealership on the island.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackStocks Retreat After Hot ISM Fuels Fed-Hike Wag  ( 32 min )

Four analysts polled by LSEG expect BlackBerry to report sales of $156.9 million. "Given the product mix, delays in closing certain large deals are expected to impact revenue recognized in the quarter," said BlackBerry's Executive Chair and CEO, John Chen. In August, media reports said private equity firm Veritas Capital made an offer to buy BlackBerry, months after the Canadian company began a strategic review.  ( 31 min )

While July quarter results topped estimates, the AI company sees mounting losses ahead.  ( 22 min )

Deutsche Bank analyst Emmanuel Rosner met with management at a conference connected to the Munich Auto Show.  ( 23 min )

Apple (AAPL) shares fell 4% Wednesday on a report China banned its government officials from using the company's iPhones for work, as part of Beijing's effort to reduce its reliance on foreign technology and strengthen cybersecurity.  ( 19 min )

The company said it will deliver fewer of the fighter planes this year than management had told investors to expect on a call to discuss its results.  ( 23 min )

Musk posted the bleak financial assessment as part of a rant against the ADL.  ( 32 min )

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(Bloomberg) -- US regional banks may need to raise significant amounts of additional debt to comply with new regulatory requirements, but the extra capital might not be enough to prevent future failures, according to research published Wednesday.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataStocks Retreat After Hot ISM Fuels Fed-Hike Wagers: Markets WrapSoaring US Dollar Raises Alarm as Chin  ( 33 min )

Lockheed Martin warned it will deliver fewer F-35 jet fighters this year than expected, and that the first of its updated Technology Refresh (TR-3) jets won’t be ready until next year.  ( 18 min )

GameStop beat Wall Street estimates for second-quarter revenue on Wednesday, buoyed by demand for videogames, collectibles and consoles. The company reported revenue of $1.16 billion for the quarter ended July 29, up from $1.14 billion a year earlier. Analysts on average had estimated $1.14 billion, according to three analysts polled by LSEG.  ( 31 min )

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T-Mobile US said it will start paying shareholders a regular dividend starting later this year, joining peers like AT&T and Verizon. The Bellevue, Wash., company said Wednesday it will authorize another $19 billion in payments to shareholders from the fourth quarter through the end of 2024. The pay  ( 23 min )

New data shows the massive impact the electric vehicle buildout is making on manufacturing and infrastructure spending in America — a big win for the Biden administration and its legislative agenda.  ( 33 min )

T-Mobile will join telecom peers AT&T and Verizon Communications by starting to pay a dividend. The stock will yield around 1.9%.  ( 23 min )

The average rate on the 30-year fixed mortgage was 7.18% last week after surging to 7.24% the week prior.  ( 36 min )

"Would Nvidia's popping bring down the whole market? "It's very possible," the Research Affiliates founder, Rob Arnott, said.  ( 32 min )

The United Auto Workers union on Wednesday plans to make a labor contract counterproposal on economic issues to Ford Motor, a source told Reuters. Ford said last week it had offered a 9% wage increase through 2027, much less than the 46% wage hike being sought by the union. The UAW expects to receive a proposal from General Motors on Thursday, added the source, who spoke on condition of anonymity.  ( 31 min )

(Bloomberg) -- There’s little that can dent the world’s top performing stock this year, not even its founder being sent to prison for insider trading.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsS&P 500 Drops 1% as Hot ISM Fuels Hawkish Fed Bets: Markets Wr  ( 34 min )

Alteryx Inc, a data analytics software company with a market value of $2.2 billion, has been working with an investment bank to explore a potential sale after attracting takeover interest, according to people familiar with the matter. Fierce competition from big rivals such as Microsoft Corp and Oracle Corp, as well as setbacks in winning new business, have suppressed Alteryx's valuation and made it an acquisition target. The Irvine, California-based company is being advised by investment bank Qatalyst Partners on its discussions with potential acquirers, which include private equity firms, the sources said.  ( 31 min )

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Rob Arnott, a quantitative-investing pioneer known for steering investors out of complacency, says the chip maker is “a great company priced beyond perfection.”  ( 22 min )

“The timing could not be worse,” the Wedbush Securities analyst wrote about what he considers a “very likely” work stoppage.  ( 33 min )

Legendary investor Warren Buffett celebrated his 93rd birthday on Aug. 30. While many might imagine lavish celebrations and extravagant gifts for someone of his stature, Buffett has a unique perspective on birthdays and aging. Despite accumulating wealth at an incredible rate, earning an estimated $3.5 million every day of his life when you divide his total net worth by the number of days he's been on Earth, he says he dreads birthdays and the thought of growing older. Don't Miss: Until 2016 it  ( 33 min )

Wayne Griffiths has enjoyed tremendous success with his upstart brand, but the true test is whether he can sell Americans on Cupra.  ( 34 min )

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The company behind the most popular weight loss drugs this year has been catapulted to the most valuable company in Europe, toppling luxury brand parent company LVMH.  ( 33 min )

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(Bloomberg) -- Apple Inc. suffered its worst stock decline in a month following a report that Chinese government agencies have barred staff from using the iPhone and other foreign-branded devices at work.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsHuawei T  ( 32 min )

Dominion Energy's sale of its three natural gas distribution companies to Canada-based pipeline operator Enbridge creates the largest natural gas utility in North America.  ( 18 min )

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Saving $1 million (or more) for retirement is a great goal to have. Putting that much aside could make it easier to live your preferred lifestyle when you retire, without having to worry about running short of money. However, not … Continue reading → The post What Percentage of Retirees Have a Million Dollars? appeared first on SmartAsset Blog.  ( 34 min )

Not long ago, data was being touted as the “new oil,” while in some quarters that epithet has been bestowed at times on copper, or even, fresh water. However, according to a statement made by Elon Musk, “lithium batteries are the new oil.” That is maybe not such a surprising take, given lithium forms a crucial part in the rechargeable battery tech required to power EVs. While Tesla sources its lithium from several producers of the element, it is planning to also have its lithium production done  ( 35 min )

Comcast is moving up the date for its sale of Hulu to Disney, the Comcast CEO said at the Goldman Sachs Communacopia and Tech Conference  ( 33 min )

Deutsche Bank analyst Emmanuel Rosner met with management at a conference connected to the Munich Auto Show.  ( 22 min )

Rates on 30-year mortgages jumped by more than an eighth of a percentage point, with rate averages for all but a couple loan types climbing by double-digit basis points.  ( 22 min )

The brewer has taken a huge financial hit from a boycott of Bud Light following a promotion with transgender influencer Dylan Mulvaney.  ( 32 min )

The company said it plans to use the proceeds “to bolster liquidity, to repay, refinance, redeem or repurchase its existing indebtedness,” and general corporate purposes.  ( 32 min )

Shares of AMC Entertainment traded sharply lower Wednesday morning after the company announced a plan to sell up to 40 million common shares. The stock was down 21% at $10.71. AMC said it plans to use the proceeds to bolster liquidity and repay debt, among other things. The announcement follows th  ( 22 min )

(Bloomberg) -- AMC Entertainment Holdings Inc. plans to sell shares less than three weeks after getting court approvals that opened the door for the movie theater operator to raise money to pay down its debt.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsReturn-t  ( 32 min )

(Bloomberg) -- Treasury yields climbed Wednesday — some to the highest levels in a week — as traders priced in higher odds of a Federal Reserve interest-rate increase this year after a gauge of service-sector activity was stronger than anticipated.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsHuawei Teardown Shows Chip Brea  ( 30 min )

Workers who are assigned to an office will be required to be work out of that workplace three days a week.  ( 19 min )

Roku shares soared after the company revealed more cost-cutting initiatives, including layoffs, and boosted its Q3 revenue and adjusted EBITDA guidance.  ( 33 min )

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The entertainment giant plans to use potential net proceeds from the sale 'to bolster liquidity' and deal with its debt.  ( 22 min )

U.S. weapons maker Lockheed Martin on Wednesday cut its delivery outlook for its F-35 jets, and delayed deliveries of its updated Technology Refresh 3 (TR-3) jets. Lockheed said in a filing it expects to deliver 97 aircraft in the year, down from its prior outlook of between 100 and 120 jets. Bethesda, Maryland-based Lockheed added it expects to deliver its first TR-3 jet between April and June next year.  ( 31 min )

Constellation Brands upgraded, Block downgraded: Wall Street's top analyst calls  ( 34 min )

The move to acquire East Ohio Gas, Questar Gas, and Public Service Co of North Carolina will make Enbridge the largest gas utility by volume in North America, with the unit accounting for a bit less than a fourth of the company's overall business mix. Morningstar analysts called the deal a "defensive move". "Despite the size of the transaction, Enbridge is leaving its 5% annual EBITDA growth expectation over the medium term, which suggests to us that the earnings contribution is replacing weaker results on the liquids side of the business," Morningstar analyst Stephen Ellis wrote in a note.  ( 31 min )

It's clear that the third quarter is still going to be a bumper one, or even a record one, for the airline industry. But investors are worried about the months ahead and they now have another reason to be concerned.  ( 22 min )

I’m 49 years old and I’ve had a steady job for over 15 years now as a government contractor. I plan to retire at around 65. I have $500,000 in savings between my 401(k), IRA and individual savings accounts. I’m renting, I don’t have any debt and I have a small family of three. I’m […] The post Ask an Advisor: I’m 49 With $500k in Savings But ‘I’m Concerned’ About Retirement Income and Annuities Are ‘Too Expensive.’ What Are My Options? appeared first on SmartReads by SmartAsset.  ( 33 min )

Roku is cutting about 10% of its workforce, or 360 people, and it will limit new hiring as it cuts costs to stem a series of quarterly losses. The streaming platform also said in a regulatory filing Wednesday that it expects adjusted third-quarter revenue of between $835 million and $875 million, which is much better than the $828.6 million that Wall Street was projecting, according to analysts polled by FactSet. The Silicon Valley company also expects impairment charge of $160 million to $200 million in its third quarter as it consolidates some offices.  ( 32 min )

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Will millions of tax filers and small business owners trust personalized advice from A.I.? CEO Sasan Goodarzi is betting the future of his company that they will.  ( 35 min )

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Stocks fell on Wednesday, as rising oil prices fueled concerns about inflation and faltering global demand.  ( 32 min )

Stocks opened lower on Wednesday, as rising oil prices fueled concerns about inflation and faltering global demand.  ( 32 min )

Stocks looked set for another losing day on Wall Street on Wednesday, amid concerns about inflation and faltering growth.  ( 32 min )

The streaming platform also projected fiscal third-quarter results ahead of its prior guidance.  ( 25 min )

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The Bank of Russia will try to prop up the struggling rouble as Vladimir Putin’s regime desperately tries to counter Western sanctions.  ( 47 min )

↘️ Apple (AAPL): Shares edged lower premarket after The Wall Street Journal reported that China had ordered central-government officials not to use iP  ( 22 min )

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SoftBank might be the one to dislodge the IPO logjam with its Arm Holdings, a chip competitor to Nvidia.  ( 33 min )

Musk repaid the loan in November, and it's not clear why it was taken.  ( 22 min )

German automakers under heavy pressure from Chinese competition are speeding up their transition to electric vehicles, enabling partnerships with the likes of EV startup Xpeng, its CEO Brian Gu said in an interview on Wednesday. "It is perhaps the darkest moment for German automakers but I also feel their strongest determination ever to change at the IAA," Gu said on the sidelines of Munich's IAA car show. Chinese EV startups need to leverage German automakers' scale, branding and investments to lower costs and survive, said Gu.  ( 32 min )

Amazon could face an antitrust case which advocates breaking up the company, according to The Wall Street Journal. That might not be such a bad thing for shareholders.  ( 22 min )

(Bloomberg) -- An increasingly stretched global refining system means fuel-price volatility is set to become more common, according to top oil executives.Most Read from BloombergChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsReturn-to-Office Is a $1.3 Trillion Problem Few Have Figured OutBillion-Dollar Corporate Bond Deals Hit Treasuries: Markets WrapUnited Airlines Resumes US Flights After Temporary Grounding o  ( 31 min )

Investors were digesting a raft of tech and software company earnings ahead of the open Wednesday.  ( 23 min )

(Bloomberg) -- The greenback rose for a second day as a rally in oil reignited concerns over inflation, putting pressure on policymakers to keep rates high. Most Read from BloombergChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsReturn-to-Office Is a $1.3 Trillion Problem Few Have Figured OutBillion-Dollar Corporate Bond Deals Hit Treasuries: Markets WrapUnited Airlines Resumes US Flights After Temporary Groundin  ( 34 min )

Toyota thinks the world outside of Japan may finally be ready to embrace its six-figure superluxury flagship car.  ( 25 min )

(Bloomberg) -- A renewed advance in the dollar is sending Asian currencies to multi-month lows while prompting authorities in China and Japan to step up defense of their beleaguered exchange rates. Most Read from BloombergChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsReturn-to-Office Is a $1.3 Trillion Problem Few Have Figured OutBillion-Dollar Corporate Bond Deals Hit Treasuries: Markets WrapUnited Airlines Re  ( 32 min )

The G7 and allies have shelved regular reviews of the Russian oil price cap scheme, people familiar with the matter told Reuters, even though most Russian crude is trading above the limit because of a rally in global crude prices. Russian producers have found ways to sell oil using fewer Western ships and insurance services, making it difficult for the West to enforce the existing price cap because the companies facilitating the trade are outside of their remit. The Group of Seven (G7) countries along with the European Union and Australia imposed the price cap mechanism on Russian oil last December, followed by a cap on fuel from February.  ( 33 min )

JPMorgan said "de-dollarization risk for Western economies mostly relates to inflation and their debt burden."  ( 32 min )

(Bloomberg) -- Japan issued its strongest warning over sharp currency movements in weeks after the yen set a fresh 10-month low against the dollar overnight.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsReturn-to-Office Is a $1.3 Trillion Problem Few Have Figured OutBillion-Dollar Corporate Bond Deals Hit Treasuries: Markets WrapUnited Airlines Resumes US Flights After Temporary Groundin  ( 32 min )

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A financial roadmap for making the most of your cash while staying on track with your short and long term money goals.  ( 22 min )